{"id":182176,"date":"2023-10-27T16:28:57","date_gmt":"2023-10-27T10:58:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=182176"},"modified":"2023-10-27T16:28:57","modified_gmt":"2023-10-27T10:58:57","slug":"scope-for-a-more-sustained-break-below-1-05-mufg-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/scope-for-a-more-sustained-break-below-1-05-mufg-crypto-news\/","title":{"rendered":"Scope for a more sustained break below 1.05 \u2013 MUFG &#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><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd\">EUR\/USD<\/a> remains roughly unchanged in the aftermath of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\">ECB<\/a> policy announcement. Economists at MUFG Bank analyze the pair\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/USD moves will be driven by the emergence of weaker US economic data<\/h2>\n<blockquote>\n<p>A renewed energy spike due to the Israel-Hamas conflict broadening out to include Iran is a risk for Europe and for EUR more specifically. We currently assume that does not happen.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The primary determinant of EUR\/USD moves we think will come from the US Dollar side and will be driven by the emergence of weaker US economic data.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>EUR\/USD remains resilient but we still see scope for a more sustained break below 1.0500 but maintain that levels below parity are unlikely.\u00a0<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/USD remains roughly unchanged in the aftermath of the ECB policy announcement. Economists at MUFG Bank analyze the pair\u2019s outlook. EUR\/USD moves will be driven by the emergence of weaker US economic data A renewed energy spike due to the Israel-Hamas conflict broadening out to include Iran is a risk for Europe and for [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,729,433,255,250,252,247,253,249,334,256,254],"class_list":["post-182176","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-energy","tag-eurusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedstates","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182176","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=182176"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182176\/revisions"}],"predecessor-version":[{"id":182177,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/182176\/revisions\/182177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/2917"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=182176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=182176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=182176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}