British Pound hits fresh three-week highs past 1.3400 as US Dollar pulls back

The post Euro: Sideways trading outlook against US Dollar – Rabobank appeared on BitcoinEthereumNews.com. RaboResearch Global Economics & Markets discusses how Euro sentiment has cooled after optimism around Germany’s debt brake, with political risks and structural headwinds weighing on the currency. The bank notes EUR/USD is already priced for another ECB hike and expects sideways trading near current levels in the coming months, with only a modest upward bias further out. Euro sentiment cools after 2025 surge “While higher short-term interest rates are currency supportive, the market is already fully priced for another ECB rate hike this year, suggesting that one more policy move is unlikely to offer much support for the EUR. On balance, we expect EUR/USD to trade sideways close to current levels on a 1-to-3-month view.” “Irrespective of this, it is worth noting that the EUR was the second best performing G10 currency in Q2 2025 after the safe haven CHF. This highlights the part the

The post Fed blames AI boom for rising inflation appeared on BitcoinEthereumNews.com. As crypto traders brace for zero Federal funds rate cuts in 2026, the FOMC (Federal Open Market Committee) Meeting Minutes for June, released on July 8, show the Fed is wary of the AI (Artificial Intelligence) boom regarding rising inflation. According to the latest Fed’s FOMC report, the first under Chair Kevin Warsh, the ongoing AI stocks boom has contributed to rising inflation. The Fed’s FOMC, analyzed by Finbold on July 9, shows the Fed under Chair Warsh is concerned about the AI buildout. Furthermore, the Fed noted that the notable investments in AI stocks, amid the conflict in the Middle East, has impacted asset prices. As such, the Fed is titled hawkish in the near term, with some members signaling a potential Federal rate hike in 2026. However, the Fed commended the memorandum between the United States and Iran, noting that it has lowered inflation amid rising risks of an AI stock market cras

The GENIUS Act's regulatory framework boosts stablecoin growth, but ongoing concerns about reserve quality and liquidity risks persist. The post Federal Reserve’s Williams says he’s less worried about stablecoin risks appeared first on Crypto Briefing.

The post GBP/JPY Price Forecast: Pound consolidates after hitting fresh all-time highs at 218.00 appeared on BitcoinEthereumNews.com. The British Pound (GBP) is pulling lower against the Japanese Yen (JPY) on Thursday, after hitting a fresh all-time high at 218.01 earlier on the day. The pair has returned to the mid-range of the 217.00s at the time of writing, yet with the bullish trend in place, holding comfortably above the previous highs, in the 217.20 area. Risks of an intervention by the Japanese authorities remain high, but the wide divergence between the Bank of Japan’s (BoJ) interest rates and those of the major central banks poses a heavy weight on the JPY. More so with Oil prices bouncing up and pressuring global central banks to tighten their borrowing costs. Technical Analysis: RSI divergence hints at a potential correction GBP/JPY trades at 217.60, with Elliott Wave analysis suggesting that the pair might be on the fifth and last wave of a bullish cycle. The Pound has pull

The post Euro falls back as US Dollar recovers early losses appeared on BitcoinEthereumNews.com. The Euro (EUR) retreats to near 1.1425 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair falls back as the US Dollar claws back a majority of its early losses, with the appeal of safe-haven assets improving in the wake of renewed geopolitical risks. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally lower around 101.00 after rebounding from the day’s low of 100.80. The exchange of attacks between the United States (US) and Iran, following confirmation from President Donald Trump that the Memorandum of Understanding (MoU) with Iran is over, has lifted the safe-haven demand. The US military forces have also attacked Iranian infrastructure, which suggests that tensions could remain prolonged. Higher oil prices due to diminished traffic near the Strait of Hormuz have de-a

The post US Dollar: Fed minutes flag supply-driven inflation risks – TD Securities appeared on BitcoinEthereumNews.com. TD Securities strategists highlight that the June Federal Open Market Committee (FOMC) Minutes showed rising concern over inflation risks, even as the United States (US) labor market remains stable. Some participants saw a case for a June hike but backed holding rates, while most signaled willingness to pursue further policy firming if supply-side shocks, including Oil and tariffs, push inflation higher. Fed minutes stress hawkish supply risks “The June FOMC minutes showed participants concerned about rising inflation risks. “A few” participants saw the case for hiking in June, but still supported keeping rates on hold.” “The minutes also noted that the labor market remained stable, and that inflation risks were rising due to AI, tariffs, supply chain disruptions, and higher oil prices. However, in a hawkish development, “most” participants saw the case for “policy fi

The post Gold struggles for momentum as US-Iran tensions, hawkish Fed bets weigh appeared on BitcoinEthereumNews.com. Gold (XAU/USD) consolidates modest gains on Thursday, although upside remains limited as renewed hostilities in the Middle East revive concerns over energy-driven inflation and reinforce expectations that the Federal Reserve (Fed) may need to raise interest rates. At the time of writing, XAU/USD is trading around $4,102, up 0.66% on the day. The United States (US) and Iran exchanged another round of attacks overnight. US President Donald Trump said on Truth Social, “This is in retribution for yesterday’s bombing of ships by Iran. If it happens again, it will get much worse!” On Wednesday, Iran reiterated its threat to close the Strait of Hormuz if fresh attacks occur, raising concerns that global Oil flows could once again be disrupted after improving following last month’s interim peace agreement. The latest escalation has weakened hopes for a permanent peace agreement

The post Mexican Peso: Gains seen limited against US Dollar – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Michael Pfister observes that markets expect substantial tightening by Banxico over the next year, but he questions whether conditions justify 75 basis points of hikes. With Mexican inflation near 3.5–4% and the real economy having contracted on weak investment and higher imports, he sees little need for higher rates and therefore limited upside for the Mexican Peso (MXN) versus the US Dollar (USD). Banxico tightening bets questioned “A look at interest rate expectations in North and South America reveals that the Mexican central bank is expected to implement some of the most significant tightening measures over the next 12 months. This expectation has certainly been bolstered by Banxico’s decision to leave interest rates unchanged at the end of June, having cut them twice by 25 basis points each since the start of the war in Iran despite higher global energy pri