The post Euro: Sideways trading outlook against US Dollar – Rabobank appeared on BitcoinEthereumNews.com.
RaboResearch Global Economics & Markets discusses how Euro sentiment has cooled after optimism around Germany’s debt brake, with political risks and structural headwinds weighing on the currency. The bank notes EUR/USD is already priced for another ECB hike and expects sideways trading near current levels in the coming months, with only a modest upward bias further out. Euro sentiment cools after 2025 surge “While higher short-term interest rates are currency supportive, the market is already fully priced for another ECB rate hike this year, suggesting that one more policy move is unlikely to offer much support for the EUR. On balance, we expect EUR/USD to trade sideways close to current levels on a 1-to-3-month view.” “Irrespective of this, it is worth noting that the EUR was the second best performing G10 currency in Q2 2025 after the safe haven CHF. This highlights the part the
The post Czech Koruna: CNB alignment may weigh CZK against Euro – BNY appeared on BitcoinEthereumNews.com.
Geoff Yu at BNY Mellon highlights that Czech National Bank policy expectations have risen alongside the ECB, yet the Czech Koruna is sliding on a nominal effective basis. He argues that closely matching Eurozone tightening may amplify growth headwinds and that credible domestic stimulus could be rewarded in a market focused on structural growth. Risks from shadowing ECB “Smaller European economies integrated into the Eurozone supply chain often must move in line with the ECB. But aligning the domestic economy with sub-optimal policy, with or without a currency board, is also risky.” “The market has pushed up the Czech National Bank’s expected policy path as well, yet on a nominal effective exchange rate (NEER) basis, CZK is drifting back toward the lows of the year. While it’s easy to blame the recent fall in inflation for turning policy expectations around, the sharp rise in poli
The post Confirmed: ECB Accounts reveal growing concerns over inflation risks appeared on BitcoinEthereumNews.com.
The European Central Bank (ECB) released the accounts of its latest monetary policy meeting on Thursday, revealing growing concern among policymakers over persistent inflationary risks. The discussions show a consensus within the Governing Council that the risks surrounding the inflation outlook are skewed to the upside relative to the ECB staff’s baseline projections. The accounts indicate that headline inflation is expected to rise further over the summer and remain well above the 2% target through the first half of 2027. This outlook comes despite the projections already embedding almost three 25-basis-point interest rate hikes. Policymakers also noted that the outlook could prove even more challenging if energy prices do not decline in line with futures market expectations. Under that scenario, above-target inflation would likely become considerably more persistent. Th
Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is b
The post Pound Sterling Price News and Forecast: GBP hits fresh three-week highs past 1.3400 appeared on BitcoinEthereumNews.com.
British Pound hits fresh three-week highs past 1.3400 as US Dollar pulls back The British Pound (GBP) appreciates against the US Dollar (USD) for the second consecutive day on Thursday, to hit fresh three–week highs right above 1.3400. The Greenback’s pullback following the release of the Federal Reserve’s (Fed) minutes and rumours about the resumption of the US-Iran negotiations are keeping the pair buoyed. The US and Iran traded attacks for the second consecutive day on Thursday, but risk aversion remains contained so far, with markets hopeful that the negotiations will continue. US President Donald Trump affirmed earlier on Thursday that Tehran “wants to make a deal so badly,” which suggests that the peace talks might resume soon. Read more… GBP/USD Price Forecast: Holds a constructive bullish tone above 1.3400 as UK political risk eases The GBP/USD pair
The post Euro falls back as US Dollar recovers early losses appeared on BitcoinEthereumNews.com.
The Euro (EUR) retreats to near 1.1425 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair falls back as the US Dollar claws back a majority of its early losses, with the appeal of safe-haven assets improving in the wake of renewed geopolitical risks. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades marginally lower around 101.00 after rebounding from the day’s low of 100.80. The exchange of attacks between the United States (US) and Iran, following confirmation from President Donald Trump that the Memorandum of Understanding (MoU) with Iran is over, has lifted the safe-haven demand. The US military forces have also attacked Iranian infrastructure, which suggests that tensions could remain prolonged. Higher oil prices due to diminished traffic near the Strait of Hormuz have de-a
The post US Dollar: Fed minutes flag supply-driven inflation risks – TD Securities appeared on BitcoinEthereumNews.com.
TD Securities strategists highlight that the June Federal Open Market Committee (FOMC) Minutes showed rising concern over inflation risks, even as the United States (US) labor market remains stable. Some participants saw a case for a June hike but backed holding rates, while most signaled willingness to pursue further policy firming if supply-side shocks, including Oil and tariffs, push inflation higher. Fed minutes stress hawkish supply risks “The June FOMC minutes showed participants concerned about rising inflation risks. “A few” participants saw the case for hiking in June, but still supported keeping rates on hold.” “The minutes also noted that the labor market remained stable, and that inflation risks were rising due to AI, tariffs, supply chain disruptions, and higher oil prices. However, in a hawkish development, “most” participants saw the case for “policy fi
The post Mexican Peso: Gains seen limited against US Dollar – Commerzbank appeared on BitcoinEthereumNews.com.
Commerzbank’s Michael Pfister observes that markets expect substantial tightening by Banxico over the next year, but he questions whether conditions justify 75 basis points of hikes. With Mexican inflation near 3.5–4% and the real economy having contracted on weak investment and higher imports, he sees little need for higher rates and therefore limited upside for the Mexican Peso (MXN) versus the US Dollar (USD). Banxico tightening bets questioned “A look at interest rate expectations in North and South America reveals that the Mexican central bank is expected to implement some of the most significant tightening measures over the next 12 months. This expectation has certainly been bolstered by Banxico’s decision to leave interest rates unchanged at the end of June, having cut them twice by 25 basis points each since the start of the war in Iran despite higher global energy pri
Geopolitical tensions and AI risks could prompt a long-term shift away from USD assets, impacting global capital flows and reserve strategies.
The post Deutsche Bank warns geopolitics and AI are increasing risks to the US dollar appeared first on Crypto Briefing.
