{"id":191224,"date":"2023-11-10T17:26:47","date_gmt":"2023-11-10T11:56:47","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=191224"},"modified":"2023-11-10T17:26:47","modified_gmt":"2023-11-10T11:56:47","slug":"usd-zar-to-correct-towards-august-lows-around-18-40-in-q1-2024-cibc-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/usd-zar-to-correct-towards-august-lows-around-18-40-in-q1-2024-cibc-crypto-news\/","title":{"rendered":"USD\/ZAR to correct towards August lows around 18.40 in Q1 2024 \u2013 CIBC &#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>As investors see value in high-yielding ZAR assets, economists at CIBC Capital Markets expect the USD\/ZAR pair to decline towards the 18.40 mark.<\/p>\n<h2 class=\"fxs_headline_medium\">Ongoing appetite for high-yielding paper<\/h2>\n<blockquote>\n<p>While the market remains mindful of ongoing capacity pressures, potentially risking a final rate hike (although, we assume that we are already at terminal), signs of a graduated upturn in leading indicators, allied to still elevated real yields and elevated spreads versus UST provide potential appetite for international investors.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Ongoing appetite for high-yielding paper, albeit that remains on the proviso that inflationary pressures remain contained, provides scope for USD\/ZAR to correct towards August lows around 18.40 in Q1.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>USD\/ZAR \u2013 Q4 2023: <strong>19.15<\/strong> | Q1 2024: <strong>18.40<\/strong><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: As investors see value in high-yielding ZAR assets, economists at CIBC Capital Markets expect the USD\/ZAR pair to decline towards the 18.40 mark. Ongoing appetite for high-yielding paper While the market remains mindful of ongoing capacity pressures, potentially risking a final rate hike (although, we assume that we are already at terminal), signs of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":84143,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,250,252,247,253,249,5241,256,254],"class_list":["post-191224","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-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdzar","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191224","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=191224"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191224\/revisions"}],"predecessor-version":[{"id":191225,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/191224\/revisions\/191225"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/84143"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=191224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=191224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=191224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}