The post British Pound declines to near 1.3350 as US launches strikes on Iran appeared on BitcoinEthereumNews.com.
The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran. The Federal Reserve’s (Fed) June meeting minutes will be published later on Wednesday. Washington unleashed a new wave of strikes against Tehran on Tuesday and revoked a license allowing the country to sell oil after three tankers were attacked in the Strait of Hormuz, per Reuters. Geopolitical fears surge following this headline, supporting the Greenback as a safe-haven asset. Westpac analysts said that concerns for the stability of the peace deal reemerged after Iran attacked ships crossing the Strait of Hormuz. “Concerns over the inflation outlook were in focus, seeing yields jump higher across the globe,” they wrote. The formal race to replace
The post AUD/USD Price Forecast: Hawkish remarks from RBA’s Hunter lift Australian Dollar appeared on BitcoinEthereumNews.com.
The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday. The Aussie pair gains as the Australian Dollar outperforms its major currency peers, except the New Zealand Dollar (NZD), with the Reserve Bank of Australia (RBA) keeping the door open for further monetary policy tightening, if needed, to bring inflation back to the central bank’s target. Australian Dollar Price Today The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.03% 0.03% 0.15% -0.02% -0.21% -0.50% 0.03% EUR 0.03% 0.05% 0.17% -0.00% -0.18% -0.49% 0.05% GBP -0.03% -0.05% 0.13% -0.03% -0.25% -0.52% -0.03% JPY -0.15% -0.17% -0.13% -0.18% -0.34% -0.65% -0.15% CAD 0.0
The post BTC, XRP, ETH news: Major tokens under pressure as U.S. attacks Iran appeared on BitcoinEthereumNews.com.
Bitcoin BTC$62,830.35 and the broader cryptocurrency market came under pressure Tuesday after the US and Iran exchanged aerial strikes, sending the dollar higher. BTC, the leading cryptocurrency by market capitalization, slipped to $62,657 in Asian trading hours, down nearly 1% since midnight UTC, according to CoinDesk data. Ether (ETH), XRP (XRP), and solana (SOL) fell between 1% and 2.3%. WTI crude futures jumped more than 2% to $72.27, while the Dollar Index held steady above 101.00, maintaining Tuesday’s gains. The U.S. said it launched “powerful strikes” against Iran following attacks on three ships in the Strait of Hormuz, including Qatari and Saudi tankers. In response, Iran said it targeted “85 US military installations” in retaliation for strikes on its Hormozgan and Mahshahr provinces. The scale of the escalation appears to have pushed the two nations’ ceasefire
Khamenei's assassination may destabilize Iran's leadership, impacting regional alliances and market perceptions amid heightened geopolitical tensions.
The post Iran funeral procession for Khamenei continues in Najaf amid tensions appeared first on Crypto Briefing.
The escalation risks broader regional conflict and geopolitical instability, potentially impacting markets and increasing airspace closure odds.
The post Iran strikes Bahrain, Kuwait sites amid US conflict escalation appeared first on Crypto Briefing.
Iran's new fees in the Strait of Hormuz could escalate oil prices, alter global trade dynamics, and deepen geopolitical divides.
The post Iran plans fees for ships in Strait of Hormuz, raising global concerns about oil prices and crypto payments appeared first on Crypto Briefing.
Iran's fee plan for the Strait of Hormuz could heighten geopolitical tensions, impacting global shipping costs and market stability.
The post Iran plans fees for ships in Strait of Hormuz amid US tensions appeared first on Crypto Briefing.
The IRGC's actions heighten regional instability, potentially prompting U.S. military escalation and impacting global security dynamics.
The post Iran’s Revolutionary Guards claim attack on 85 US military sites appeared first on Crypto Briefing.
Escalating tensions in the Strait of Hormuz could disrupt global oil supply and heighten regional instability, impacting international security.
The post Iran accuses US of breaching agreements, tensions rise in Strait of Hormuz appeared first on Crypto Briefing.
