{"id":197593,"date":"2023-11-21T13:30:13","date_gmt":"2023-11-21T08:00:13","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=197593"},"modified":"2023-11-21T13:30:13","modified_gmt":"2023-11-21T08:00:13","slug":"there-is-no-reason-for-excessive-pessimism-commerzbank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/there-is-no-reason-for-excessive-pessimism-commerzbank-crypto-news\/","title":{"rendered":"There is no reason for excessive pessimism \u2013 Commerzbank &#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-weakness continued again on Monday. How much further this downside correction can continue? Economists at Commerzbank analyze Dollar\u2019s outlook.<\/p>\n<h2 class=\"fxs_headline_medium\">USD correction is probably justified<\/h2>\n<blockquote>\n<p>USD correction is probably justified, as a lot of optimism had already been priced in. There is no reason on the other hand for excessive pessimism as regards USD. In particular, as the economy probably looks worse in other regions. For example, in the Eurozone.<\/p>\n<\/blockquote>\n<blockquote>\n<p>If the economic outlook remains subdued, speculation on the market that the ECB will lower interest rates next year is likely to continue, which might limit an uptrend in EUR\/USD.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The USD-weakness continued again on Monday. How much further this downside correction can continue? Economists at Commerzbank analyze Dollar\u2019s outlook. USD correction is probably justified USD correction is probably justified, as a lot of optimism had already been priced in. There is no reason on the other hand for excessive pessimism as regards USD. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,459,825,433,255,250,252,247,253,249,334,256,254],"class_list":["post-197593","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-ecb","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\/197593","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=197593"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197593\/revisions"}],"predecessor-version":[{"id":197594,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/197593\/revisions\/197594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6593"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=197593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=197593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=197593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}