The post British Pound strengthens to near 1.3400 as UK political risk fades appeared on BitcoinEthereumNews.com.
The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. The release of minutes from the Fed’s June meeting, which was Chairman Kevin Warsh’s first, reflected a divided central bank not sure how to proceed on rates without more information on inflation. The minutes said that “many participants indicated that the appropriate level of the federal
The post Bitcoin Could Gain if Fed Backstops the $75 Trillion Equity Market appeared on BitcoinEthereumNews.com.
Crypto News Bitcoin (BTC) could be an unexpected beneficiary if the U.S. Federal Reserve is eventually forced to buy equity exchange-traded funds to defend a sliding stock market, according to analysts weighing an increasingly discussed scenario. The argument rests on the sheer size of the U.S. equity market — now roughly $75 trillion — which many view as too large and too systemically important to be left in a prolonged bear market. Should the central bank step in with fresh liquidity, risk assets and altcoins have historically absorbed the overflow. Our reading is that any such intervention would echo the 2021 easing cycle that lifted crypto broadly and reset risk appetite across the board. The backdrop is a stock market that has expanded at a pace few expected. U.S. equities have grown about 68% over the past five years and added roughly $6 trillion in value this year alo
The post Silver Price Forecast: XAG/USD rebounds above $58.00 despite inflation fears appeared on BitcoinEthereumNews.com.
Silver price (XAG/USD) inches higher after three days of losses, trading around $58.30 per troy ounce during the Asian hours on Thursday. The price of non-yielding white metal could drop even further as renewed tensions between the United States (US) and Iran are sparking fears of energy-driven inflation, which will likely push the Federal Reserve to keep interest rates higher for longer to bring prices down. The US President Donald Trump stated on Wednesday that an interim agreement to end the conflict with Iran was officially “over,” stoking concerns that a renewal of war could again drive inflation and push up interest rates. Trump also threatened a second day of airstrikes and vowed to reimpose a US naval blockade in retaliation for recent attacks on oil tankers transiting the Strait of Hormuz. The minutes of the Fed’s June 16-17 meeting released Wednesday show
The post China Producer Price Index (YoY) meets expectations (4.1%) in June appeared on BitcoinEthereumNews.com.
Gold trades with a mild negative bias in the Asian session on Thursday, fading the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is supporting Gold. However, fresh US-Iran tensions drive Oil higher, reviving inflation concerns and limiting the USD’s downside and the bullion’s rebound. Source: https://www.fxstreet.com/news/china-producer-price-index-yoy-meets-expectations-41-in-june-202607090130
The post China Consumer Price Index (YoY) came in at 1% below forecasts (1.1%) in June appeared on BitcoinEthereumNews.com.
Gold trades with a mild negative bias in the Asian session on Thursday, fading the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is supporting Gold. However, fresh US-Iran tensions drive Oil higher, reviving inflation concerns and limiting the USD’s downside and the bullion’s rebound. Source: https://www.fxstreet.com/news/china-consumer-price-index-yoy-came-in-at-1-below-forecasts-11-in-june-202607090130
The post Fed May Buy Equity ETFs To Support US Stocks, Analyst Says appeared on BitcoinEthereumNews.com.
Crypto markets could benefit from increased liquidity if the US central bank steps in to support the $75 trillion equity market in a bear market, as it is “too big and too important to fail,” according to analysts. The US equity market has grown by 68% over the past five years and has added roughly $6 trillion in market value so far this year. However, analysts and experts, such as goldbug Peter Schiff, have warned that years of rapid growth could be setting up the market for a major correction. Such a correction could see the Fed “break decades of precedent” and buy equity ETFs to support the stock market, Balchunas said on Tuesday, while other analysts said the resulting move to increase liquidity could set up an environment for cryptocurrencies to benefit. “Once the Fed steps in, rate cuts, balance-sheet expansion, even targeted ETF purchases, crypto has historically entered a me
The post Federal Reserve Flags Inflation Risks After June Rate Hold appeared on BitcoinEthereumNews.com.
Federal Reserve policymakers signaled that inflation remains a major concern despite keeping interest rates unchanged during their June meeting. Fresh meeting minutes revealed that officials debated several policy paths as economic uncertainty continued. Besides persistent tariff effects, policymakers identified strong artificial intelligence investment and geopolitical tensions in the Middle East as additional inflation drivers. Consequently, investors now await upcoming economic data because future interest rate decisions remain highly dependent on inflation trends and broader market conditions. Officials Weigh Different Policy Paths Chairman Kevin Warsh led his first policy meeting on June 16-17, where officials agreed to maintain the federal funds rate between 3.5% and 3.75%. However, members expressed different expectations for the remainder of 2026. Many anticipated stable o
The post Japanese Yen gains ground on intervention risks appeared on BitcoinEthereumNews.com.
The USD/JPY pair edges lower to around 162.45 during the early Asian session on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid fears of possible intervention from Japanese authorities. The US weekly Initial Jobless Claims report is due later on Thursday. Japan’s Finance Minister Satsuki Katayama said that Tokyo remains in regular contact with the US on foreign exchange issues and is ready to respond appropriately at any time. “The yen’s current weakness is excessive and fails to reflect the strong fundamentals of the Japanese economy, a misalignment that could prompt major central banks to launch coordinated intervention,” said Michael Nizard, head of multi-asset and overlay at Edmond de Rothschild Asset Management. According to Federal Reserve (Fed) Minutes released on Wednesday, the committee is split over whether inflation is likely to stay elevated or whether
The post Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5% appeared on BitcoinEthereumNews.com.
Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-money-supply-m2cd-yoy-declined-to-22-in-june-from-previous-25-202607082351
