{"id":179502,"date":"2023-10-23T20:39:31","date_gmt":"2023-10-23T15:09:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=179502"},"modified":"2023-10-23T20:39:31","modified_gmt":"2023-10-23T15:09:31","slug":"usd-correction-to-come-in-the-coming-weeks-tds-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-correction-to-come-in-the-coming-weeks-tds-crypto-news\/","title":{"rendered":"USD correction to come in the coming weeks \u2013 TDS &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The USD failed to sustain a meaningful rally despite the strong US Retail Sales and further uptick in 10-year yields. Economists at TD Securities analyze Greenback\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">BoC risks skew hawkish<\/h2>\n<blockquote>\n<p>We remain bearish on the USD as it looks stretched as per our model which tracks key macro drivers.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>We continue to anticipate a USD correction in the coming weeks. This would require a catalyst \u2013 either in the form of geopolitical risks abating or US data slowing.<\/p>\n<\/blockquote>\n<blockquote>\n<p>We remain bullish high quality carry currencies (MXN, BRL, INR). We also like CAD where the BoC has the potential to out-hawk its peers given underlying inflation momentum. We also favor China proxies like AUD, NZD from continued policy easing and signs that activity data has bottomed out.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The USD failed to sustain a meaningful rally despite the strong US Retail Sales and further uptick in 10-year yields. Economists at TD Securities analyze Greenback\u2019s outlook. BoC risks skew hawkish We remain bearish on the USD as it looks stretched as per our model which tracks key macro drivers.\u00a0 We continue to anticipate [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,459,255,250,252,247,253,249,334,498,871,256,254],"class_list":["post-179502","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-dollarindex","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedstates","tag-usdcad","tag-usdmxn","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=179502"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179502\/revisions"}],"predecessor-version":[{"id":179503,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179502\/revisions\/179503"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/20478"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=179502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=179502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=179502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}