Japanese Yen falls near multi-decade lows

The post Japanese Yen falls as Fed Minutes revive tightening bets appeared on BitcoinEthereumNews.com. The Japanese Yen (JPY) depreciates by over 0.26% against the US Dollar (USD) on Wednesday within familiar levels, as the Federal Reserve’s (Fed) last meeting minutes showed that the majority of participants indicated that “some policy firming would likely be warranted.” The USD/JPY pair trades at 162.54 after bottoming near 162.03. USD/JPY weakens as hawkish Fed minutes lift Dollar and yields Market mood is mixed, following US President Donald Trump’s change of tone, turning more hawkish against Iran’s behavior, threatening to escalate the conflict. This boosted the Greenback as the US Dollar Index (DXY) reclaimed the 101.00 figure. Digging into the US central bank’s minutes, all officials supported leaving rates unchanged and saw a stable labor market. Most participants “preferred” not to use the previous language, pointing to scenarios in which prices would remain elevated due to AI

The post EUR/USD Price Forecast: Bears retain control within descending channel appeared on BitcoinEthereumNews.com. EUR/USD holds firm on Wednesday after reversing earlier losses triggered by renewed tensions between the United States (US) and Iran, while traders digest the June Federal Open Market Committee (FOMC) meeting minutes. At the time of writing, the pair is trading around 1.1427 after hitting an intraday low of 1.1391. The US Dollar (USD) saw little immediate reaction to the minutes, suggesting much of the Federal Reserve’s (Fed) message was already reflected in market pricing. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.97, easing from an intraday high of 101.27. Officials remained cautious about inflation, which remains well above the central bank’s 2% target, while describing labor market conditions as balanced. Policymakers also signaled that the future path of interest rates will depend on

The post Fed minutes show AI joining tariffs as inflation risk, reinforcing higher-for-longer rates appeared on BitcoinEthereumNews.com. Federal Reserve officials viewed artificial intelligence-driven investment as an emerging source of inflationary pressure at their June policy meeting. They added another reason to keep interest rates elevated, even as the labor market remained stable. Minutes from the June 16–17 Federal Open Market Committee [FOMC] meeting show policymakers increasingly linking AI-related demand with persistent inflation. It reinforces expectations that borrowing costs could stay higher for longer.  For crypto markets, that points to a macro backdrop that may delay the liquidity boost typically associated with lower interest rates. Fed says AI investment is adding to inflation pressures The minutes show officials broadly agreed that inflation remained well above the Fed’s 2% target and had become more broad-based.  While policymakers continued to cite tariffs and sup

The post US Dollar Index shrugs at unanimous Fed hold that reads anything but unanimous appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY) spent Wednesday travelling in circles, grinding around 101.00 after the Minutes of the June 16-17 Federal Open Market Committee (FOMC) meeting crossed the wires at 18:00 GMT, capping a session in which traders had already faded another round of Middle East friction. The muted price action undersells the document. A unanimous 12-0 vote to hold the target range at 3.50% to 3.75% papers over a Committee that agrees on very little beyond the decision itself. Read more: FOMC Minutes leans toward higher-for-longer narrative One vote, three arguments Every voter backed June’s hold, and the post-meeting statement shrank to a few terse lines anchored by a bare commitment to delivering price stability. The Minutes reveal what that unity cost: a few participants saw a live case for raising the target range at the meeting itself, and settled for the

The post Breaking: FOMC Minutes lean toward higher-for-longer narrative appeared on BitcoinEthereumNews.com. The June FOMC Minutes reinforced the Fed’s cautious approach as policymakers unanimously agreed to maintain interest rates unchanged while keeping a close eye on inflation risks. Although officials agreed that downside risks to the labour market had eased somewhat, they generally continued to view upside risks to inflation as elevated. Several participants warned that persistent price pressures could stem from stronger AI-related investment, higher tariffs or renewed tensions in the Middle East, with staff projections revised to show higher inflation in both 2026 and 2027 than previously expected. Importantly, a few policymakers judged that another rate hike could eventually become appropriate, although they still supported leaving policy unchanged at the June meeting. Almost all of those participants indicated that additional tightening would likely be warranted should inflatio

The post Gold slips as Trump’s Iran warning lifts US Dollar appeared on BitcoinEthereumNews.com. Gold (XAU/USD) price dives over 1.30% on Wednesday as tensions in the Middle East bolstered the Greenback after US President Donald Trump said that the agreement to end the war with Iran was “over.” At the time of writing, XAU/USD trades at $4,059 after hitting a four-day low of $4,021. XAU/USD falls as Oil spike revives Fed tightening risks The yellow metal is feeling the strength of the US Dollar (USD) and also of rising US Treasury yields. US President Trump’s doubts about making a deal with Iran increased the chances of a resumption of attacks, exerting pressure on Oil prices. Western Texas Intermediate (WTI), the US crude Oil benchmark, gains over 3%, with the barrel quoting at $74.50 at the time of writing. This boosted the Greenback as high energy prices pose the risk of high inflation, fueling bets for higher interest rates. The US Dollar Index (DXY), which tracks the buck’s perform

This decision may strain U.S.-Iran relations, complicating future negotiations and peace talks, while impacting regional stability and diplomacy. The post Iraq agrees to halt US dollar flows to Iran-backed militias: WSJ appeared first on Crypto Briefing.

The post Silver Price Forecast: XAG extends lower low sequence, eyes on $55 appeared on BitcoinEthereumNews.com. Silver prices collapse nearly 2.50% on Wednesday as risk aversion drives traders towards buying the US Dollar, to the detriment of precious metals. At the time of writing, the XAG/USD trades at $58.41 after waking at around $61.03. XAG/USD Price Forecast: Technical outlook Silver is still downward biased, extending the series of successive lower highs and lower lows, besides its trading below the 200-day Simple Moving Average (SMA) at $70.19. The Relative Strength Index (RSI) is bearishly biased as the index approaches oversold territory. For a bearish continuation, if XAG/USD dives below the June 30 daily low of $56.61, this clears the path towards $55.79, the June 26 swing low. Below this level, the next area of interest is the November 13, 2025, daily low-turned-support at $54.39, ahead of the $50.00 figure. On the upside, buyers must clear the latest cycle high of $63.28