The post EUR/USD Price Forecast: Bears retain control within descending channel appeared on BitcoinEthereumNews.com.
EUR/USD holds firm on Wednesday after reversing earlier losses triggered by renewed tensions between the United States (US) and Iran, while traders digest the June Federal Open Market Committee (FOMC) meeting minutes. At the time of writing, the pair is trading around 1.1427 after hitting an intraday low of 1.1391. The US Dollar (USD) saw little immediate reaction to the minutes, suggesting much of the Federal Reserve’s (Fed) message was already reflected in market pricing. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.97, easing from an intraday high of 101.27. Officials remained cautious about inflation, which remains well above the central bank’s 2% target, while describing labor market conditions as balanced. Policymakers also signaled that the future path of interest rates will depend on
The post US launches fresh strikes on Iran appeared on BitcoinEthereumNews.com.
The US has begun a fresh series of strikes on Iran, hitting more than 80 targets in and around the Strait of Hormuz only days after the latest patch on the Versailles accord. President Trump now calls the agreement over, even while leaving the door open to talks. Brent trades 6.3% higher and WTI 6.4% higher in response, and the story is no longer any single strike; it is the recursion, a strike-retaliate-re-sign loop that now resets in days rather than months. The loop runs faster each round Tehran hit three tankers transiting the strait between Monday and Tuesday; Washington answered by revoking the waiver behind Iranian Oil sales, then followed with a US Central Command (CENTCOM) package officials describe as four to five times larger than the round ten days ago: Air defences, coastal radar, anti-ship missile sites and more than 60 Revolutionary Guard small boats. Israel’s Kan reports Washington notified
The post Fed Minutes Flag AI Demand as Inflation Risk as Rate Hike Remains on the Table appeared on BitcoinEthereumNews.com.
The latest Fed minutes have highlighted the risk that AI demand could have on inflation as the Fed continues to hold rates steady. The minutes also signaled that a hike is still on the cards if inflation remains elevated and fails to fall to the 2% target. Fed Minutes Flag Inflation Risk Driven By AI Demand The Federal Reserve minutes from the June FOMC meeting highlighted multiple scenarios regarding the outlook for monetary policy. Most participants pointed to scenarios in which the labor market remains stable while inflation remains elevated due to strong AI-related demand, the Middle East conflict, or the effects of tariffs. In such scenarios, almost all of the participants indicated that some policy firming would be necessary to return to their 2% target. Furthermore, the Fed minutes showed that most participants commented on scenarios in which inflationary
The post Trump Says Iran Ceasefire Is Over—Does That Mean A ‘Return To All-Out’ War? Expert Weighs In appeared on BitcoinEthereumNews.com.
President Donald Trump announced at the NATO summit Wednesday that the ceasefire with Iran is over. This came one day after Central Command announced that the U.S. struck over 80 Iranian targets in retaliation for attacks on commercial ships in the Strait of Hormuz. Dr. Rosemary Kelanic, the director of the Middle East Program at Defense Priorities, joins “Forbes Newsroom” to discuss. Watch the full interview above. Source: https://www.forbes.com/sites/forbestv/2026/07/08/trump-says-iran-ceasefire-is-over–does-that-mean-a-return-to-all-out-war-expert-weighs-in/
The post Trump Abruptly Switches Back To Old Air Force One Instead Of Qatari Plane appeared on BitcoinEthereumNews.com.
Topline President Donald Trump is for now ditching the new gifted Qatari jet days after his first international flight on the plane, prompting questions about its security capabilities after Trump restarted the war with Iran on Wednesday. President Donald Trump steps off Air Force One upon arrival at Ellesworth Air Force Base in South Dakota on July 3, 2026. (Photo by Mandel NGAN / AFP via Getty Images) AFP via Getty Images Key Facts Trump left Ankara, Turkey, on the old Air Force One jet after flying there on the Boeing 747 gifted to the U.S. by Qatar last year. Trump told reporters in Turkey and said in a post on Truth Social he was flying home on the old plane because the Qatari jet was headed to RAF Mildenhall, a U.S. Air Force base in Suffolk, England, and “two or three” other bases in Europe so service members could tour the aircraft, calling the detour to Engla
The ongoing US-Israel coordination against Iran highlights persistent geopolitical tensions, influencing global markets and investor strategies.
The post US notifies Israel ahead of reported attack on Iran, sending Bitcoin into familiar territory appeared first on Crypto Briefing.
Iran's readiness to retaliate could escalate regional tensions, impacting global markets and shipping routes, with potential military confrontations.
The post IRGC Aerospace Force warns of swift retaliation amid US-Israeli conflict appeared first on Crypto Briefing.
The strikes risk escalating tensions, potentially leading to Iranian airspace closure and impacting regional stability and global markets.
The post US military strikes hit Iran’s Chabahar port, damaging key infrastructure appeared first on Crypto Briefing.
The explosions heighten geopolitical tensions, potentially disrupting regional trade and impacting global energy and crypto markets.
The post Explosions near Iran’s Chabahar and Konarak ports raise stakes for a critical trade corridor appeared first on Crypto Briefing.
