IMF cuts France, Germany growth forecasts amid Middle East tensions

The post Canadian Dollar strengthens on Oil rally as Fed, jobs data loom appeared on BitcoinEthereumNews.com. USD/CAD trades around 1.4190 at the time of writing on Wednesday, down 0.10% on the day, as the Canadian Dollar (CAD) benefits from a sharp rebound in Oil prices fueled by renewed geopolitical tensions in the Middle East. United States (US) President Donald Trump said that the memorandum of understanding aimed at ending the conflict with Iran is now “over” and that he no longer wants to negotiate with Tehran. He also stated that the United States could launch new strikes against Iran as early as Wednesday night, raising the possibility of targeting strategic infrastructure, including the country’s electricity grid, water treatment facilities and Kharg Island, Iran’s main Oil export terminal. These remarks have reignited concerns about global Oil supply disruptions, with the Strait of Hormuz remaining at the center of investors’ attention. The strategic waterway handles around o

A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]

The post Pound Sterling Price News and Forecast: GBP/USD holds firm as Hormuz shock lifts Oil, Dollar appeared on BitcoinEthereumNews.com. British Pound holds firm as Hormuz shock lifts Oil, Dollar The Pound Sterling (GBP) posts modest gains during the North American session on Wednesday amid growing tensions in the Middle East, as US President Donald Trump’s said the deal with Iran was “over” after both countries exchanged attacks over the last couple of days. At the time of writing, the GBP/USD pair trades at 1.3371, up 0.09%. Read More… British Pound slumps against US Dollar as risky assets turn fragile The British Pound (GBP) is down 0.13% to near 1.3340 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair faces selling pressure as renewed geopolitical risks have diminished the appeal of riskier assets. Read More… British Pound declines to near 1.3350 as US launches strikes on Iran The GBP/USD pair loses traction to near 1.3355 during the A

The post British Pound holds firm as Hormuz shock lifts Oil, Dollar appeared on BitcoinEthereumNews.com. The Pound Sterling (GBP) posts modest gains during the North American session on Wednesday amid growing tensions in the Middle East, as US President Donald Trump’s said the deal with Iran was “over” after both countries exchanged attacks over the last couple of days. At the time of writing, the GBP/USD pair trades at 1.3371, up 0.09%. GBP/USD steadies as geopolitical risk offsets Dollar strength During the last couple of days, Tehran and Washington exchanged blows after Iran hit two vessels sailing through the Strait of Hormuz, triggering a response from the US. The US CENTCOM reported that it attacked 80 targets during the last two days. In addition to the attacks, the US reimposed sanctions on Iran’s Oil, while Trump threatened to resume the blockade in Hormuz. Energy prices jumped, with the US crude Oil benchmark, West Texas Intermediate (WTI), rising nearly 5% to $75.60. The US

France's strong World Cup performance boosts market confidence, potentially influencing future betting trends and strategic team analyses. The post France favored to win 2026 World Cup quarterfinal against Morocco appeared first on Crypto Briefing.

The increased US naval presence may heighten regional tensions, potentially disrupting trade routes and impacting global economic stability. The post US deploys over 20 Navy warships in Middle East amid Iran tensions appeared first on Crypto Briefing.

The post Bull Bitcoin Files Landmark Legal Challenge To Annul France’s DAC8 Crypto Data Surveillance Rules appeared on BitcoinEthereumNews.com. Bull Bitcoin exchange, recently licensed under MiCA, is challenging the European directive in French courts that sets up a mass surveillance database, putting millions of crypto users at risk.  Bull Bitcoin, the world’s oldest Bitcoin-only and non-custodial exchange, recently licensed under MiCA by France’s financial markets regulator AMF, has filed a legal challenge before the Conseil d’État, France’s supreme administrative court. The challenge seeks to annul Decree No. 2025-1276, the main measure transposing the European DAC8 directive into French law, on the grounds that it creates a massive surveillance grid and database that institutions can not secure from leaks and data hacks, ultimately putting civilians at risk of kidnapping and physical harm.  Alongside the legal action, the company is making dac8.com public: “a complete, fully source

The IMF's revised growth forecast highlights vulnerabilities in global economies, emphasizing the uneven benefits of AI and geopolitical risks. The post IMF cuts global growth forecast to 3% for 2026, stops short of recession call appeared first on Crypto Briefing.