{"id":196963,"date":"2023-11-20T17:14:46","date_gmt":"2023-11-20T11:44:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=196963"},"modified":"2023-11-20T17:14:46","modified_gmt":"2023-11-20T11:44:46","slug":"eur-usd-and-gbp-usd-bounces-to-run-out-of-steam-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/eur-usd-and-gbp-usd-bounces-to-run-out-of-steam-socgen-crypto-news\/","title":{"rendered":"EUR\/USD and GBP\/USD bounces to run out of steam \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>Sentiment and prices shifted palpably against the Dollar in the first two weeks of November. Kit Juckes, Chief Global FX Strategist at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, analyzes FX market <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a> for the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">week ahead<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">SEK and NOK come back into favour<\/h2>\n<blockquote>\n<p>We have a quiet week ahead for economic data and with Thanksgiving potentially a distraction for some, there isn\u2019t a lot to challenge the market\u2019s view that a US soft landing is coming.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>European PMI data on Friday could be a reminder that growth on this side of the Atlantic isn\u2019t anything to write home about, but US PMIs will be ignored in favour of waiting for ISM a week later (and then NFP a week after that, followed by CPI and the FOMC).\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Maybe it all adds up to the EUR\/USD and GBP\/USD bounces running out of steam at some point, while JPY, AUD and NZD carry on for longer and SEK and NOK come back into favour. Both of those two can drift higher against CHF in this \u2018soft landing\u2019 world.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Sentiment and prices shifted palpably against the Dollar in the first two weeks of November. Kit Juckes, Chief Global FX Strategist at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale, analyzes FX market outlook for the week ahead. SEK and NOK come back into favour We have a quiet week ahead for economic data and with Thanksgiving potentially a distraction [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,276,433,641,255,250,252,247,253,249,275,256,254],"class_list":["post-196963","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-currencies","tag-eurusd","tag-gbpusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/196963","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=196963"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/196963\/revisions"}],"predecessor-version":[{"id":196964,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/196963\/revisions\/196964"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8593"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=196963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=196963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=196963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}