Fed: Extended pause before cautious easing – UOB

The Iran conflict's impact on global growth and oil supply could lead to sustained inflation, affecting monetary policies worldwide. The post IMF warns Iran conflict threatens global growth, impacts oil supply appeared first on Crypto Briefing.

Bitcoin entered recovery mode after inflation-induced losses, while US stocks shook off macro data with broader risk appetite "skyrocketing."

The post AI predicts Bitcoin price for May 22, 2026 appeared on BitcoinEthereumNews.com. Bitcoin (BTC) is once again under pressure after U.S. spot Bitcoin ETFs recorded $635 million in net outflows on May 13, the largest single-day withdrawal since late January.  What’s more, the sell-off followed worse-than-expected U.S. Producer Price Index (PPI) data, which showed inflation rising 1.4% in April and dampened expectations for near-term Federal Reserve rate cuts. At the same time, leveraged traders were hit by a wave of liquidations, with roughly $77.95 million in Bitcoin long positions liquidated over the past 24 hours as the asset rejected its 200-day simple moving average (MA) near $82,270. Traders are now monitoring whether Bitcoin can reclaim the $80,800 level, which has emerged as key near-term resistance. Short-term outlook, however, appears fragile, at least according to machine learning algorithms. Machine learning algorithm predicts Bitcoin price on May 22 Finbold’s AI predi

The post Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed appeared on BitcoinEthereumNews.com. Even with recent inflation news universally bad, Treasury Secretary Scott Bessent expects price pressures to ease soon, just in time for the new Federal Reserve chair to take over. Speaking Thursday to CNBC, Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping” oil, easing the supply shock from the Iran war. “I firmly believe that nothing is more transient than a supply shock, and we can, we can look through that, because before the Iranian conflict began, core inflation was coming down,” Bessent told CNBC’s Joe Kernen from the sidelines of President Donald Trump’s summit with his Chinese counterpart, Xi Jinping. “So I think core inflation will continue coming down.” That hasn’t been the recent trend, however. Separate readings this week showed that consumer prices jumped 0.6% in April — and still rose 0.4% ev

The post Japanese Yen: Valuation risks and policy coordination – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu highlights that the Japanese Yen (JPY) remains significantly undervalued on a Real Effective Exchange Rate (REER) basis even as Euro (EUR) and US Dollar (USD) valuations have converged. He notes United States (US) –Japan coordination on exchange rates is already underway and argues Europe should be more proactive, as sustained JPY weakness poses greater competitive risks for Eurozone exporters than for the United States. JPY undervaluation and European risks “Based on the Bank for International Settlements’ (BIS) Real Effective Exchange Rate (REER) indices, measured by their change over the last five years, the dollar and euro have fully converged in valuation over the past six months. A range breakout would require a significant structural catalyst – the technology drivers behind “U.S. exceptionalism” or the “European strategic autonomy” theme on defense.” “Japan ha

The post Nvidia rally continues on Thursday as Trump approves H200 buyers in China appeared on BitcoinEthereumNews.com. Nvidia (NVDA) stock is the early winner of the United States (US) President Donald Trump’s summit with China on Thursday. Shares of the AI chipmaker rose more than 2% in Thursday’s premarket. If the gains remain through the close, this will become NVDA’s seventh consecutive day of gains. President Trump’s Commerce Department approved ten Chinese firms to import Nvidia’s H200 AI chip, as well as a few other distributors in the Asian region. US Retail Sales for April fell from 1.6% MoM in March to 0.5% MoM, but that was in line with the consensus. The Dow Jones Industrial Average (DJIA) futures rose 0.9% in the premarket on Thursday, while the NASDAQ Composite futures declined 0.2%, and S&P 500 futures gained 0.3% on the news. Nvidia could boost China sales on Commerce Department clearance Nvidia has been looking to regain market share in China after several rounds of t

The sharp move highlights ongoing instability in global currency markets as traders adjust positions amid shifting expectations around monetary policy divergence between the United States and Japan. The U.S. dollar briefly weakened against the Japanese yen on Wednesday, with USD/JPY…

The post Norwegian Krone: Further upside potential versus SEK – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s FX Strategy team notes that NOK/SEK has gained around 11% year-to-date as the Norwegian central bank turned more hawkish while the Riksbank stayed on hold. They highlight sticky inflation and Norway’s energy-exporter status as supportive for the Norwegian Krone. The bank prefers buying NOK/SEK on dips and targets 1.02 over a three-month horizon. Norwegian Krone supported by hawkish Norges Bank “At the same time, the Norges Bank swung from a dovish tone at the end of last year to a more hawkish stance based on domestically driven sticky inflationary pressure.” “This triggered a Norges Bank rate hike last week on the same day that the Riksbank maintained steady policy.” “While fiscal policy will help support consumption in Sweden and potentially lift underlying inflation pressures, sticky inflation has been a theme in Norway for a while.” “In the year to date, NOK/SEK