{"id":246494,"date":"2024-02-13T15:55:12","date_gmt":"2024-02-13T10:25:12","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=246494"},"modified":"2024-02-13T15:55:12","modified_gmt":"2024-02-13T10:25:12","slug":"eur-chf-is-tactically-trying-to-turn-a-corner-socgen-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/eur-chf-is-tactically-trying-to-turn-a-corner-socgen-crypto-news\/","title":{"rendered":"EUR\/CHF is tactically trying to turn a corner \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>EUR\/CHF +0.5% after weak Swiss Consumer <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\" data-fxs-autoanchor=\"\">Price Index<\/a> (CPI) data. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze the pair\u2019s outlook.<\/p>\n<h2 class=\"fxs_headline_medium\">Weak CPI opens door to March SNB cut<\/h2>\n<blockquote>\n<p>The good news for EUR\/CHF is that inflation in Switzerland slowed to 1.3% and core declined to just 1.2%, the lowest since January 2022. A dovish pivot in March looked a dead cert after the comments of President Jordan in Davos last month. Weak CPI brings the possibility of a rate cut next month from 1.75%.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>It has been a tricky start to the year for EUR\/CHF but positioning for a rate cut should mean EUR\/CHF is at least tactically trying to turn a corner.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>The cross still trades below the 200-DMA of 0.9580.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: EUR\/CHF +0.5% after weak Swiss Consumer Price Index (CPI) data. Economists at Soci\u00e9t\u00e9 G\u00e9n\u00e9rale analyze the pair\u2019s outlook. Weak CPI opens door to March SNB cut The good news for EUR\/CHF is that inflation in Switzerland slowed to 1.3% and core declined to just 1.2%, the lowest since January 2022. A dovish pivot in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":92665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,1624,255,388,250,252,247,253,249,1625,3928,256,254],"class_list":["post-246494","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-eurchf","tag-gta","tag-inflation","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-snb","tag-switzerland","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246494","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=246494"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246494\/revisions"}],"predecessor-version":[{"id":246495,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/246494\/revisions\/246495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/92665"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=246494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=246494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=246494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}