The post Gold struggles as Hormuz risks, Fed hike bets limit USD weakness appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) struggles to capitalize on the previous day’s bounce from the $4,020 area, or a one-week low, and oscillates in a narrow range during the Asian session on Thursday. The US Dollar (USD) remains on the back foot in the absence of a notable hawkish shift in the FOMC Minutes and acts as a tailwind for the bullion. However, renewed US-Iran hostilities revive inflation fears and bolster bets on a US Federal Reserve (Fed) rate increase in 2026. This helps limit the downside for the USD and continues to undermine the non-yielding yellow metal. The Minutes from the June 16–17 FOMC meeting, released on Wednesday, revealed that policymakers were divided with regard to the direction of interest rates. The minutes further stated that many participants indicated the appropriate level of the federal funds rate would be within or slightly below the current target range at the e
The post Oil rally lifts loonie as Polymarket pegs July Fed hold at 75.5% appeared on BitcoinEthereumNews.com.
Alvin Lang
Jul 08, 2026 16:18
Canada’s dollar strengthened as oil prices climbed, with traders bracing for upcoming U.S. jobs data that could reshape expectations for the Fed’s next move.
Oil rally lifts loonie as Polymarket pegs July Fed hold at 75.5% Canadian Dollar Rallies With Oil as Polymarket Shifts to 75.5% “No Change” for the July 2026 Fed Decision The Canadian dollar strengthened on an oil rally as traders looked ahead to upcoming U.S. jobs data and the Federal Reserve outlook. On Polymarket, the “Fed Decision in July?” ladder contract moved higher on the “No change” outcome to 75.5% from 71.5%. Key Takeaways Polymarket prices a 75.5% chance of no Fed rate change after the July 2026 meeting. Traders repriced the July Fed path as markets weighed the oil-linked move in the Canadian dollar ahead of U.S. jobs data and the Fed outlook. The contract resolv
The post Oil shock jitters trim Polymarket odds of Fed holding rates steady in September appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 08, 2026 12:42
A market note this week highlighted conflict-driven oil volatility and positioning as a key driver of near-term swings, warning it could ripple into broader risk sentiment and rates expectations.
Oil shock jitters trim Polymarket odds of Fed holding rates steady in September Polymarket Fed September 2026 Bet: “No Change” Odds Slip as Oil-Conflict Volatility Reprices Rate Expectations A report highlighting conflict-driven oil volatility and shifting market positioning is feeding into broader macro uncertainty that can influence expectations for U.S. monetary policy. On Polymarket, odds moved lower for the leading outcome in the “Fed Decision in September?” contract, pointing to a modest repricing of the rate-path debate ahead of the September 2026 meeting. Key Takeaways Polymarket implies a 60.5% chance the Federa
The post Bitget Wallet’s 100 Million User Claim Shows How Competitive The Web3 Front Door Has Become appeared on BitcoinEthereumNews.com.
Bitget Wallet’s 100 Million User Claim Shows How Competitive The Web3 Front Door Has Become
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The post Euro steadies as Middle East strikes offsets Fed repricing appeared on BitcoinEthereumNews.com.
The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391. EUR/USD holds firm as Fed minutes, Hormuz strikes lift USD The US Central Command revealed in a post that “At the direction of the Commander in Chief, US Central Command forces have started conducting additional strikes against Iran to further degrade their ability to threaten freedom of navigation in the Strait of Hormuz.” The markets reacted immediately to the headline, as risk appetite soured, as depicted by US equity markets finishing Wednesday’s session with losses. Crude prices are registering a leg up, with Western Texas Intermediate (WTI), the US Oil benchmark, up 3.57% at $74.77. Earlier, the Fede
The most valuable real estate in crypto may not be an exchange order book anymore. It may be the wallet home screen. Bitget Wallet’s 100 million user claim is another sign that wallet providers see themselves as the fron
The most valuable real estate in crypto may not be an exchange order book anymore. It may be the wallet home screen. Bitget Wallet’s 100 million user claim is another sign that wallet providers see themselves as the fron
Rising oil prices and geopolitical tensions may drive inflation, prompting potential Fed rate hikes, impacting economic stability and growth.
The post US stocks fall as oil surges on renewed US-Iran tensions appeared first on Crypto Briefing.
