Japanese yen hits weakest level against the US dollar since 1986

A surprise currency intervention could spark liquidations across crypto markets even if the longer-term outlook remains intact.

The rise of autonomous AI in finance could destabilize markets, necessitating new risk management and regulatory frameworks to mitigate potential crises. The post Bank of England warns autonomous AI agents could trigger market meltdown appeared first on Crypto Briefing.

The Doha talks could signal a pivotal shift towards sustained diplomacy, potentially easing US-Iran tensions and impacting global markets. The post Iran, US to discuss interim deal in Doha on Wednesday appeared first on Crypto Briefing.

Trading of cobalt and lithium futures contracts has risen this year on the leading European and US exchanges

The Japanese yen collapsed to 162.27 per U.S. dollar on June 30, its weakest level since 1986, intensifying speculation that Tokyo could step in to defend the currency for the second time this year. A Four-Decade Low The yen’s slide to a four-decade low has put Japanese authorities back on intervention watch. The currency has […]

Direct yen-rupee settlements could enhance economic ties, reduce reliance on the US dollar, and inspire similar moves globally. The post Japan and India consider direct yen-rupee settlements: Nikkei appeared first on Crypto Briefing.

Central banks' shift from USD may weaken its global dominance, boost gold demand, and raise US borrowing costs, impacting global markets. The post Global central banks plan long-term reduction in US dollar exposure appeared first on Crypto Briefing.

The ECB's ongoing rate hikes signal prolonged economic adjustments, impacting energy markets and risk assets amid persistent inflation. The post ECB officials say inflation shock from Iran war not yet resolved appeared first on Crypto Briefing.