{"id":194194,"date":"2023-11-15T22:06:02","date_gmt":"2023-11-15T16:36:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=194194"},"modified":"2023-11-15T22:06:02","modified_gmt":"2023-11-15T16:36:02","slug":"aud-usd-is-too-low-relative-to-the-likely-rba-rate-path-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/aud-usd-is-too-low-relative-to-the-likely-rba-rate-path-socgen-crypto-news\/","title":{"rendered":"AUD\/USD is too low relative to the likely RBA rate path \u2013 SocGen &#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>Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u00a0analyze <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/audusd\">AUD\/USD<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a> after the release of Q3 Wage Price Index in Australia.<\/p>\n<h2 class=\"fxs_headline_medium\">The RBA may need to remain hawkish<\/h2>\n<blockquote>\n<p>Today\u2019s slightly higher-than-expected Q3 wage growth data in Australia (4% YoY), largely reflects an increase in the minimum wage. However, it leaves the RBA in a slightly less comfortable position than some other central banks as we reach peak rates.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>As rate differentials move in the AUD\u2019s favour, the currency still looks undervalued.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The 2-year rate differential is higher than it was pre-COVID when AUD\/USD was at 0.70.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u00a0analyze AUD\/USD outlook after the release of Q3 Wage Price Index in Australia. The RBA may need to remain hawkish Today\u2019s slightly higher-than-expected Q3 wage growth data in Australia (4% YoY), largely reflects an increase in the minimum wage. However, it leaves the RBA in a slightly less comfortable position than [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,251,246,257,255,684,250,252,247,253,378,249,256,254],"class_list":["post-194194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-rba","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194194","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=194194"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194194\/revisions"}],"predecessor-version":[{"id":194195,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/194194\/revisions\/194195"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6608"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=194194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=194194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=194194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}