{"id":199871,"date":"2023-11-24T15:36:17","date_gmt":"2023-11-24T10:06:17","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=199871"},"modified":"2023-11-24T15:36:17","modified_gmt":"2023-11-24T10:06:17","slug":"eur-usd-to-stabilise-around-1-0900-ing-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/eur-usd-to-stabilise-around-1-0900-ing-crypto-news\/","title":{"rendered":"EUR\/USD to stabilise around 1.0900 \u2013 ING &#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>Eurozone growth pessimism may have peaked. However, economists at ING do not expect <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/eurusd?\">EUR\/USD<\/a> to enjoy further gains for the time being.<\/p>\n<h2 class=\"fxs_headline_medium\">Rate differentials still point to a weaker EUR\/USD<\/h2>\n<blockquote>\n<p>Thursday&#8217;s PMIs suggested the worst in the Eurozone&#8217;s economic sentiment may be past us. The composite gauge rebounded more than expected despite both manufacturing and services indicators remaining in contractionary territory.<\/p>\n<\/blockquote>\n<blockquote>\n<p>The notion that recessionary pessimism may have peaked in the Eurozone is a positive for EUR\/USD, but whether this can offer support to the pair already in the near term is a different question.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Despite having modestly tightened, the 2-year EUR-USD swap rate differential is at -155 bps. The last time it was trading around these levels, EUR\/USD was in the 1.03\/1.04 area. We keep favouring a stabilisation around 1.0900 for now.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: Eurozone growth pessimism may have peaked. However, economists at ING do not expect EUR\/USD to enjoy further gains for the time being. Rate differentials still point to a weaker EUR\/USD Thursday&#8217;s PMIs suggested the worst in the Eurozone&#8217;s economic sentiment may be past us. The composite gauge rebounded more than expected despite both manufacturing [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,841,433,692,255,684,250,252,247,253,249,256,254],"class_list":["post-199871","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-eurozone","tag-eurusd","tag-growth","tag-gta","tag-interestrate","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199871","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=199871"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199871\/revisions"}],"predecessor-version":[{"id":199872,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/199871\/revisions\/199872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/10851"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=199871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=199871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=199871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}