The post British Pound holds firm as Trump ceasefire shock tests USD appeared on BitcoinEthereumNews.com.
The Pound Sterling (GBP) holds firm on Friday during the North American session as risk appetite deteriorated after US President Donald Trump posted on social media that the ceasefire with Iran is over, even though negotiations continue. At the time of writing, the GBP/USD pair trades at 1.3406, unchanged, after reaching an almost one-month high of 1.3451 earlier in the day. GBP/USD steadies as geopolitics, Fed minutes and UK politics collide This week, GBP/USD is poised to finish with gains of over 0.58% following the resumption of hostilities in the Middle East. The end of the ceasefire between the US and Iran could bolster the Greenback even though both countries are set to continue negotiations next week in Switzerland. In the meantime, the Fed’s meeting minutes showed that officials favored further tightening but supported holding rates, as they assess incoming data. Data-wise
The post Malaysian Ringgit: Range-bound outlook holds against US Dollar – MUFG appeared on BitcoinEthereumNews.com.
MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian Ringgit (MYR) weakness has stayed below 4.15 against the US Dollar (USD), and Chan expects USD/MYR to trade broadly within a 4.00–4.20 range near term, while maintaining a neutral stance on Malaysian government securities. Ringgit seen holding broad range “In Malaysia, BNM kept the Overnight Policy Rate unchanged at 2.75% and maintained a broadly neutral policy stance.” “We expect BNM to remain on hold through the rest of 2026, as current monetary settings continue to support growth while keeping inflation manageable.” “Domestic fundamentals remain broadly supportive, underpinned by a resilient labour market, healthy investment approvals, and contained infl
The investigation into Trump's crypto ventures could delay crucial crypto legislation, impacting regulatory clarity and market stability.
The post Senate Democrats urge Republicans to investigate Trump’s crypto ventures over national security concerns appeared first on Crypto Briefing.
The post BREAKING: Trump Agrees to Iran Talks Despite Ending Ceasefire As Markets React appeared on BitcoinEthereumNews.com.
On Truth Social, President Trump said the Iranians are asking for continued negotiations and that the U.S. has agreed but has emphasized that the ceasefire isn’t in effect. “The Islamic Republic of Iran has invited us to ‘talks’ to continue. We have agreed to do that, but to them, in very clear terms, the ceasefire is OVER!” Trump wrote. The comment came hours after Trump told reporters that he no longer participates in the US-Iran deal, which he has called the “worst deal ever negotiated” which led to a sharp sell-off in the financial markets. Yesterday, U.S. stock markets lose about $500 billion, oil surged, and crypto fell. After the announcement today, Bitcoin bounced back over the $64,000 mark. XRP, DOGE, and the rest of the altcoin market rallied as well. What Changed Between Yesterday and Today Trump’s comments yesterday were aggressive. He announced the e
The post Trump Says U.S., Iran to Continue Talks Despite Ceasefire Ending, Bitcoin Extends Gains appeared on BitcoinEthereumNews.com.
U.S. President Donald Trump has revealed that U.S.-Iran talks will continue after a request from Iran. Bitcoin extended its gains amid this development, breaking above the psychological $64,000 level. Trump Gives Update On U.S.-Iran Talks, Bitcoin Extends Gains In a Truth Social post, the president said that Iran has asked the U.S. to continue talks and that they have agreed to do so. However, he added that the U.S. has said to Iran that the ceasefire is over even as talks continue. This follows an earlier report of President Trump’s statement that Iran wants to make a deal “so badly.” Bitcoin has extended its gains amid the president’s latest statement about U.S.-Iran talks set to continue. The leading crypto is currently trading at around $64,100, up almost 2% from an intraday low of around $62,000, according to TradingView data. BTC notably dropped be
The post Trump Refuses to Sign Housing Bill Banning CBDC in Protest Over SAVE America Act appeared on BitcoinEthereumNews.com.
President Donald Trump has said that he will not sign the housing bill, the 21st Century ROAD to Housing Act, as the Senate has failed to pass the Save America Act, which he continues to push for. The 21st Century ROAD to Housing Act notably includes a CBDC and is still on course to become law despite the president’s refusal to sign the bill. Trump Says He Won’t Sign Housing Bill In a Truth Social post, the president said he would not sign the housing bill, which Congress passed last month and sent to the White House. He explained that he was doing this in protest over the fact that the Senate is not capable of passing the Save America Act, despite it polling at 97% among the Republican Party. As CoinGape reported earlier, President Trump delayed signing the bill last month. Back then, he said he wouldn’t sign it until Congress passed the “desperately needed” S
The end of the US-Iran ceasefire heightens geopolitical tensions, impacting global energy markets and influencing cryptocurrency dynamics.
The post Trump declares US-Iran ceasefire over as renewed military strikes rattle energy and risk markets appeared first on Crypto Briefing.
The post United States Dollar Index little changed as traders weigh geopolitics and Fed outlook appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY) trades within a volatile range on Friday as a sparse US economic calendar leaves traders watching developments in the Middle East after renewed hostilities between the United States (US) and Iran this week. Even so, the latest flare-up has provided only limited support, with the DXY set to finish the week virtually unchanged. At the time of writing, the index, which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.85 after slipping to a one-week low of 100.60 earlier in the Asian session. On Friday, US President Donald Trump said in a Truth Social post that Iran had asked to continue talks and that the US had agreed, while reiterating that the ceasefire was “over.” The mix of diplomacy and ongoing tensions has kept traders cautious about a quick end to the war. Meanwhile, hawkish Federa
The IMO's condemnation of Iran's actions could heighten geopolitical tensions, impacting global oil prices and crypto market stability.
The post UN shipping agency condemns Iran’s Strait of Hormuz sovereignty claims as crypto markets brace for volatility appeared first on Crypto Briefing.