Goldman Sachs raises dollar-yen forecast, predicts yen weakness will persist through 2027

Goldman's AI hire signals a strategic shift in finance, emphasizing AI's growing role in enhancing security, compliance, and innovation. The post Goldman Sachs hires Evan Kotsovinos from Google as AI lead appeared first on Crypto Briefing.

Chip stocks may face volatility as tech investment shifts, potentially impacting broader markets and correlated assets like cryptocurrencies. The post Morgan Stanley’s Wilson warns chip stocks face rotation risk as hyperscaler spending hits $1.1 trillion appeared first on Crypto Briefing.

Yen undervaluation signals potential shifts in global finance dynamics, impacting risk asset strategies and crypto market volatility. The post Former top Japan FX official says yen is undervalued by up to 20%, and crypto markets should pay attention appeared first on Crypto Briefing.

South Korea’s Supreme Court has proposed new civil enforcement rules for digital assets that set out how cryptocurrencies can be seized, transferred and converted into cash during debt collection proceedings, with the measures scheduled to take effect on Oct. 1…

The disruption of Russian oil exports could exacerbate global inflation, impacting interest rates and increasing reliance on cryptocurrencies. The post Ukrainian drone strikes on Russian Baltic ports threaten oil supply disruptions with ripple effects across risk markets appeared first on Crypto Briefing.

A weaker yen could destabilize global markets by impacting risk assets, as investors reassess positions amid shifting monetary policies. The post Goldman Sachs forecasts yen to weaken to 165 per dollar in a year, signaling trouble for risk assets appeared first on Crypto Briefing.

The geopolitical turmoil underscores the growing role of cryptocurrencies as a refuge and risk gauge amid escalating global tensions. The post Iran mourns Ayatollah Khamenei as crypto markets absorb geopolitical shockwaves appeared first on Crypto Briefing.

The drop in labor force participation may prompt the Fed to ease monetary policy, potentially boosting risk assets like cryptocurrencies. The post US labor force participation rate drops to lowest since December 2023, and crypto markets see opportunity appeared first on Crypto Briefing.