The post Pound Sterling Price News and Forecast: GBP/USD gains ground to around 1.3395 appeared on BitcoinEthereumNews.com.
British Pound strengthens to near 1.3400 as UK political risk fades The GBP/USD pair gathers strength near 1.3395 during the Asian trading hours on Thursday, bolstered by fading domestic political uncertainty. However, hawkish minutes from the Federal Reserve (Fed) and renewed tensions between the US and Iran might support the US Dollar (USD) and cap the upside for the major pair. Following the resignation of Keir Starmer in late June, UK political risk has eased significantly, lifting the Cable. The formal race to replace outgoing Prime Minister Keir Starmer begins on July 9. Frontrunner Andy Burnham is widely expected to become Prime Minister by July 20. Read more… British Pound Sterling wins the day and stays stuck in the same trap GBP/USD trades just below 1.3400 on Wednesday, up around a quarter of a percent and once again leaning on the 200-day Exponential M
The post War Chatter Spikes To 3-Month High As Trump Ends Iran Ceasefire, Crypto Markets Brace For Volatility appeared on BitcoinEthereumNews.com.
War-related social volume across crypto platforms climbed to a three-month high on Tuesday after former President Trump announced the U.S. was withdrawing from the Iran ceasefire and warned that additional military action was on the table. According to the Santiment update, mentions of “war,” “Iran,” and “ceasefire” exploded immediately after the statements, pushing the social trend indicator to levels not seen since April. The spike followed renewed U.S.-Iran strikes and a collapse in diplomacy, with traders scrambling to gauge whether the escalation was a fresh geopolitical shock or another cycle of headline brinkmanship. For markets, the immediate question is whether this chatter translates into sustained selling pressure or just another round of headline-driven whipsaws. Santiment warned that the likely outcome is more volatility before
The post USD/CHF Price Forecast: Dollar bulls lose steam after rejection at 0.8100 appeared on BitcoinEthereumNews.com.
The US Dollar is trading lower against the Swiss Franc (CHF) on Thursday, as investors ponder the consequences of reciprocal US and Iran attacks and a 10% rebound in Oil prices, on the major central banks’ monetary policies. The USD/CHF pair has retreated to levels near 0.8050 after being rejected at 0.8100 on Wednesday. The Swiss Franc is drawing some support from a mild US Dollar weakness, as the Dollar Index (DXY) dips below 101.00 to test weekly lows. Investors sold the Greenback across the board on Wednesday, following the release of the Federal Reserve’s minutes, unimpressed with the central bank’s commitment to bring inflationary pressures back to target. Geopolitical tensions are also failing to support the safe-haven US Dollar on Thursday. A second round of reciprocal attacks between the US and Iran cast further doubt on a negotiated end of the war, and have
The post Federal Reserve Inflation AI Drives Rate Hike Debate appeared on BitcoinEthereumNews.com.
The Federal Reserve’s June meeting minutes landed with a clear, if uncomfortable, message: AI-driven demand is now officially on the Fed’s inflation watchlist, and it’s complicating an already fractious internal debate over the future of interest rates. The release of those minutes Wednesday marked a turning point — not just in how the central bank frames inflation, but in how markets now read the odds of a rate hike before year-end. Key takeaways The Fed held rates steady at 3.5%–3.75% at its June 16-17 meeting, but nine of 18 voting members project at least one hike before end of 2026. The Fed’s year-end PCE inflation forecast jumped sharply from 2.7% to 3.6%, reflecting persistent price pressures. Officials directly cited AI infrastructure demand — through higher semiconductor, energy, and data center costs — as a driver of core goods inflation. CME FedWatch now puts the probability of
Geopolitical tensions heighten market volatility, reducing crypto's diversification benefits and prompting shifts towards stable assets.
The post US airstrikes kill 14 in Iran as crypto markets slide on renewed Middle East conflict appeared first on Crypto Briefing.
The post Market Watch: Equities Advance While Bitcoin (BTC) Maintains $62K Amid US-Iran Tensions appeared on BitcoinEthereumNews.com.
Key Takeaways Equity futures showed gains Thursday following a second wave of US military operations targeting Iran Bitcoin maintained support above $62,000, posting a 1.2% daily decline but gaining 1.6% weekly Gold continued its downward trend for the fourth consecutive session as Brent crude advanced 1% to $78.80 per barrel Rate markets adjusted Federal Reserve hike expectations, moving the timeline from December to October The Fear and Greed index for Bitcoin rose to 27, breaking a 40-day streak in extreme fear levels Equity futures climbed Thursday morning as military tensions escalated with the United States executing another wave of strikes targeting Iranian positions. Contracts tied to the Dow Jones Industrial Average and S&P 500 both advanced 0.1%. Nasdaq-100 futures posted a 0.3% increase. E-Mini S&P 500 Sep 26 (ES=F) Late Wednesday, US military
The post Federal Reserve Minutes Reveal AI Boom Sparking Inflation Worries and Rate Hike Possibilities appeared on BitcoinEthereumNews.com.
Key Takeaways Federal Reserve policymakers identify AI infrastructure expansion as a significant contributor to inflationary pressures through elevated semiconductor, energy, and data center expenses Interest rates remained unchanged at 3.5%–3.75% during June’s policy meeting under new Chair Kevin Warsh Half of the 18 voting committee members anticipate at least one rate increase by the conclusion of 2026 Market expectations show a 69.5% probability of unchanged rates at the upcoming July 29 decision, declining from 80% the previous week Prediction markets indicate a 59% likelihood of a rate adjustment this year, influenced by escalating U.S.-Iran geopolitical risks Central bank officials found themselves at odds during their June policy gathering regarding the appropriate path forward for interest rates. Documents released on Wednesday revealed th
The post FTSE has already broken lower – But will the us follow? [Video] appeared on BitcoinEthereumNews.com.
FTSE Has Already Broken Lower… But Will the US Follow? That’s the question I’ve been wrestling with for the past few weeks. The FTSE has already made its move to the downside, but the US markets have proved far more resilient. The key now isn’t just technical analysis. It’s market sentiment. If buyers become frustrated from repeatedly buying a market that’s going nowhere because the S&P 500 remains trapped in a sideways pattern, then a correction becomes much more likely. We’re also entering what traders have always called the “Silly Summer Season.” Liquidity drops, volumes thin out, and markets can become far more volatile than normal. Could we see a correction? Absolutely. Do I see a crash? No. Well… that depends on what you call a crash. For me, a crash is something like 1987, 2001, 2008 or 2020. Those were genuine crash years. Could the US markets experience that sort of ev
The post British Pound: Flexible BoE stance supports against US Dollar – BNY appeared on BitcoinEthereumNews.com.
BNY Mellon’s Geoff Yu notes that reduced Bank of England (BoE) tightening expectations are not undermining the British Pound (GBP). He argues that BoE flexibility around its mandate and reluctance to overreact to supply shocks is not hurting GBP, with consistent domestic Gilt demand and positive real rates offset by international concerns about United Kingdom (UK) growth and politics. Rate repricing leaves Pound resilient “In the U.K. and GBP’s case, whether rates are the dominant driver is questionable, given the volume of political noise still weighing on the economy. Bank of England (BOE) Governor Andrew Bailey has credited market rate moves with “doing the tightening for the BOE” and appears clearly skeptical of using further hikes to address a supply shock.” “Compared with the ECB, we believe the BOE’s flexibility around its price stability mandate is a deliberate choi