{"id":350337,"date":"2024-07-23T18:16:00","date_gmt":"2024-07-23T12:46:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=350337"},"modified":"2024-07-23T18:16:00","modified_gmt":"2024-07-23T12:46:00","slug":"falls-to-1-0860-during-the-european-session-bbh-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/falls-to-1-0860-during-the-european-session-bbh-crypto-news\/","title":{"rendered":"Falls to 1.0860 during the European session \u2013 BBH &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Encouraging Eurozone disinflationary process leaves the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/ecb\" data-fxs-autoanchor=\"\">ECB<\/a> room to cut the policy rate again in September which remains a headwind for the Euro (EUR), BBH analysts note.<\/p>\n<h2 class=\"fxs_headline_medium\">ECB to cut the policy rate in September<\/h2>\n<p>\u201cEUR\/USD fell by about 0.3% during the European trading session to lows around 1.0860.\u201d\u00a0<\/p>\n<p>\u201cThere was no new policy guidance from ECB\u00a0Vice President\u00a0Luis de Guindos. Guindos said \u2018data-wise, September is a much more convenient month for taking decisions than July was.\u2019\u00a0In our view, the encouraging Eurozone disinflationary process leaves the ECB room to cut the policy rate again in September which remains a headwind for EUR.\u201d\u00a0<\/p>\n<p>\u201cThe swaps market implies 80% odds of a 25 bp ECB rate cut to 3.50% on September 12.\u00a0The Eurozone July consumer confidence index is up next (10:00 New York)\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Encouraging Eurozone disinflationary process leaves the ECB room to cut the policy rate again in September which remains a headwind for the Euro (EUR), BBH analysts note. ECB to cut the policy rate in September \u201cEUR\/USD fell by about 0.3% during the European trading session to lows around 1.0860.\u201d\u00a0 \u201cThere was no new policy guidance [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,433,255,250,252,247,253,249,308,256,254],"class_list":["post-350337","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-eurusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/350337","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=350337"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/350337\/revisions"}],"predecessor-version":[{"id":350338,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/350337\/revisions\/350338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/12294"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=350337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=350337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=350337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}