Gold falls to two-month low after US-Iran airstrikes near Strait of Hormuz

The post Japanese Yen falls as renewed US-Iran tensions boost the US Dollar, Oil prices appeared on BitcoinEthereumNews.com. USD/JPY edges higher on Wednesday as renewed escalation in the Middle East boosts demand for the US Dollar (USD) and lifts Oil prices, weighing on the Japanese Yen (JPY). At the time of writing, the pair is trading around 162.50, close to 40-year highs. The United States and Iran exchanged fire overnight following attacks on commercial ships near the Strait of Hormuz earlier this week. On Wednesday, US President Donald Trump declared that the ceasefire deal with Iran was “over” and said dealing with Tehran was “a waste of time” while speaking at the NATO Summit in Ankara, Turkey. The latest escalation has dampened hopes for a near-term peace deal, reigniting concerns over potential disruption to global Oil flows through the critical waterway, where shipping had been gradually improving since last month’s interim peace agreement. The rebound in Oil prices has revi

Potential U.S. blockade could escalate tensions, impacting global markets and regional stability, with civilian infrastructure at risk. The post US considers reimposing Strait of Hormuz blockade, targeting Iran desalination plants appeared first on Crypto Briefing.

The post Oil: Conflict-driven volatility and positioning – BNY appeared on BitcoinEthereumNews.com. BNY’s Geoff Yu highlights growing fragility in global markets as President Trump declares the Iran ceasefire over and U.S. strikes in the Strait of Hormuz reignite Oil volatility. Brent, WTI and Middle Eastern benchmarks have jumped around 5%, yet inflation expectations remain intact and positioning data show core energy and inflation hedges in place, limiting broader disruption for now. Ceasefire doubts lift crude benchmarks “Markets are starting to look fragile. President Trump is now openly questioning the durability of the ceasefire, while exchanges of fire in the Strait of Hormuz are intensifying. For markets and the global economy, the prospect of a swift return to pre-conflict energy and goods flows through the waterway is fading.” “The immediate oil reaction has been significant, roughly 5%, depending on the benchmark, but not yet large enough to derail the improvement in inflati

The post Gold retreats below $4,100 after US President Trump says Iran ceasefire is “over” appeared on BitcoinEthereumNews.com. Gold (XAU/USD) sees a sharp move lower on Wednesday after US President Donald Trump declared that the ceasefire deal with Iran was “over” and said that dealing with Tehran is “a waste of time” while speaking at the NATO Summit in Ankara, Turkey. At the time of writing, XAU/USD is trading around $4,055, retracing most of the gains recorded in the previous week. The US President’s remarks came after renewed fighting between the United States and Iran overnight, following attacks on commercial vessels near the Strait of Hormuz. The latest escalation represents the most significant breach of the interim US-Iran agreement since it took effect on June 17, lifting the US Dollar (USD) and Crude Oil prices while dampening demand for the yellow metal. West Texas Intermediate (WTI) crude Oil is trading around $73.50 per barrel, up more than 7% so far this week. The rebou

Escalating U.S.-Iran tensions threaten regional stability and global energy markets, increasing the risk of broader military conflict. The post US conducts airstrikes on Iranian targets after Strait of Hormuz attacks appeared first on Crypto Briefing.

The post Financial Turbulence Looms: Tokyo’s Potential Role in a Liquidity Crisis appeared on BitcoinEthereumNews.com. In a startling revelation, Michael Gayed, the portfolio manager behind The Lead-Lag Report, has illuminated potential threats of a brewing global liquidity crisis, with Tokyo positioned as a central point. The interconnected dynamics between major financial instruments like the yen, gold, oil, XRP, and US Treasury bonds are increasingly evident, pointing to possible changes in […] Continue Reading:Financial Turbulence Looms: Tokyo’s Potential Role in a Liquidity Crisis Source: https://en.bitcoinhaber.net/financial-turbulence-looms-tokyos-potential-role-in-a-liquidity-crisis

The post Donald Trump Says Iran Ceasefire Deal Is Over appeared on BitcoinEthereumNews.com. The post Donald Trump Says Iran Ceasefire Deal Is Over appeared first on Coinpedia Fintech News President Donald Trump said the interim agreement with Iran to end the conflict is “over” and that he no longer wants to negotiate. The comments came after renewed U.S. strikes on Iran and Iranian attacks on U.S. military targets in Bahrain and Kuwait, as well as commercial shipping near the Strait of Hormuz. The escalation … Source: https://coinpedia.org/crypto-live-news/donald-trump-says-iran-ceasefire-deal-is-over/

The closure of the Strait of Hormuz and U.S. military buildup could destabilize global oil markets and escalate regional military conflicts. The post Iran shuts Strait of Hormuz as US deploys Carrier Strike Group appeared first on Crypto Briefing.