The post Euro: Energy repricing shapes outlook against US Dollar – ABN AMRO appeared on BitcoinEthereumNews.com.
ABN AMRO’s Georgette Boele notes that the Euro’s relationship with energy prices has evolved, with recent Oil and Gas gains again weighing on EUR/USD. Earlier in the US-Iran conflict, higher energy prices hurt the Euro (EUR), but later the pair became more driven by Federal Reserve (Fed) and European Central Bank (ECB) expectations. She now sees EUR/USD guided by central bank expectations, yield spreads and Eurozone energy risks. Euro sensitivity returns to energy moves “At the start of the US-Iran conflict, higher energy prices weighed on the euro against the US dollar. During the conflict, however, EUR/USD became less sensitive to energy prices and more sensitive to expectations for the Fed and the ECB.” “When a Memorandum of Understanding was announced, energy prices fell sharply, but the euro gained little against the US dollar because markets were focused on expectation
The post Fed minutes show AI joining tariffs as inflation risk, reinforcing higher-for-longer rates appeared on BitcoinEthereumNews.com.
Federal Reserve officials viewed artificial intelligence-driven investment as an emerging source of inflationary pressure at their June policy meeting. They added another reason to keep interest rates elevated, even as the labor market remained stable. Minutes from the June 16–17 Federal Open Market Committee [FOMC] meeting show policymakers increasingly linking AI-related demand with persistent inflation. It reinforces expectations that borrowing costs could stay higher for longer. For crypto markets, that points to a macro backdrop that may delay the liquidity boost typically associated with lower interest rates. Fed says AI investment is adding to inflation pressures The minutes show officials broadly agreed that inflation remained well above the Fed’s 2% target and had become more broad-based. While policymakers continued to cite tariffs and sup
The post US Dollar Index shrugs at unanimous Fed hold that reads anything but unanimous appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY) spent Wednesday travelling in circles, grinding around 101.00 after the Minutes of the June 16-17 Federal Open Market Committee (FOMC) meeting crossed the wires at 18:00 GMT, capping a session in which traders had already faded another round of Middle East friction. The muted price action undersells the document. A unanimous 12-0 vote to hold the target range at 3.50% to 3.75% papers over a Committee that agrees on very little beyond the decision itself. Read more: FOMC Minutes leans toward higher-for-longer narrative One vote, three arguments Every voter backed June’s hold, and the post-meeting statement shrank to a few terse lines anchored by a bare commitment to delivering price stability. The Minutes reveal what that unity cost: a few participants saw a live case for raising the target range at the meeting itself, and settled for the
The post Trump Calls Iran “Islamic Republic of Japan” as Oil Surges 5% and Stocks Crash appeared on BitcoinEthereumNews.com.
President Donald Trump has told the reporters that the US-Iran ceasefire is now over. “I don’t want to have anything to do with them anymore; they’re scum,” he added. The comments jolted the financial markets around the world. Stocks fell, oil surged, and around $500 billion was wiped out of U.S. stock markets in just a few hours. The remarks also included some unusual verbal errors by Trump, such as referring to Iran as the “Islamic Republic of Japan” while discussing an attack on a U.S. aircraft carrier involving 11 missiles. President Trump said during the NATO Summit that they will probably hit Iran again tonight. Last week, positive news came in from the US-Iran talks. The indirect talks concluded between Iranian and U.S. negotiators and Qatari and Pakistani mediators in Doha, Qatar, with positive progress. But today, all of that progress seems to go in vain
The post New Zealand Dollar: RBNZ tightening supports upside – ABN AMRO appeared on BitcoinEthereumNews.com.
ABN AMRO’s Georgette Boele reports that the Reserve Bank of New Zealand lifted its policy rate by 25 bp to 2.5% and signalled more tightening is likely. Despite some easing in energy prices, the bank sees persistent inflation pressures and scope for further reduction in stimulus. With markets pricing additional hikes, ABN AMRO expects modest upside for the New Zealand Dollar versus the US Dollar. RBNZ hikes and signals further tightening “This week, the Reserve Bank of New Zealand raised its policy rate by 25bp to 2.5%.” “It also said that, with inflation still above target and economic activity expected to strengthen, further reduction in monetary stimulus is likely to be needed to bring inflation back to the 2% target midpoint.” “Future OCR decisions will depend on incoming data, price-setting behaviour and the strength of economic activity, and how these factors affect medium
Rising interest rates could dampen economic growth, affect investment strategies, and alter market dynamics, impacting various sectors globally.
The post Federal Reserve weighs rate hikes amid inflation risks from tariffs, oil, and AI investment appeared first on Crypto Briefing.
The post Gold slips as Trump’s Iran warning lifts US Dollar appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) price dives over 1.30% on Wednesday as tensions in the Middle East bolstered the Greenback after US President Donald Trump said that the agreement to end the war with Iran was “over.” At the time of writing, XAU/USD trades at $4,059 after hitting a four-day low of $4,021. XAU/USD falls as Oil spike revives Fed tightening risks The yellow metal is feeling the strength of the US Dollar (USD) and also of rising US Treasury yields. US President Trump’s doubts about making a deal with Iran increased the chances of a resumption of attacks, exerting pressure on Oil prices. Western Texas Intermediate (WTI), the US crude Oil benchmark, gains over 3%, with the barrel quoting at $74.50 at the time of writing. This boosted the Greenback as high energy prices pose the risk of high inflation, fueling bets for higher interest rates. The US Dollar Index (DXY), which tracks the buck’s perform
This decision may strain U.S.-Iran relations, complicating future negotiations and peace talks, while impacting regional stability and diplomacy.
The post Iraq agrees to halt US dollar flows to Iran-backed militias: WSJ appeared first on Crypto Briefing.
The post Silver Price Forecast: XAG extends lower low sequence, eyes on $55 appeared on BitcoinEthereumNews.com.
Silver prices collapse nearly 2.50% on Wednesday as risk aversion drives traders towards buying the US Dollar, to the detriment of precious metals. At the time of writing, the XAG/USD trades at $58.41 after waking at around $61.03. XAG/USD Price Forecast: Technical outlook Silver is still downward biased, extending the series of successive lower highs and lower lows, besides its trading below the 200-day Simple Moving Average (SMA) at $70.19. The Relative Strength Index (RSI) is bearishly biased as the index approaches oversold territory. For a bearish continuation, if XAG/USD dives below the June 30 daily low of $56.61, this clears the path towards $55.79, the June 26 swing low. Below this level, the next area of interest is the November 13, 2025, daily low-turned-support at $54.39, ahead of the $50.00 figure. On the upside, buyers must clear the latest cycle high of $63.28
