Pound Sterling Price News and Forecast: GBP/USD slips as Hormuz attacks revive USD demand

The post Singapore Dollar: Upside risk stays contained against US Dollar – UOB appeared on BitcoinEthereumNews.com. United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD closed almost unchanged near 1.2924, but short-term momentum has turned slightly lower. Leang expects intraday price action to stay within 1.2900–1.2935, while over the coming weeks the risk of a break below 1.2890 is increasing, with another firm support at 1.2875 and strong resistance at 1.2955 capping the topside. Downward bias with range constraints “24-HOUR VIEW: Yesterday, we indicated that USD “is likely to trade in a range between 1.2900 and 1.2935.” While USD traded within a higher range than expected (1.2913/1.2938), it closed largely unchanged at 1.2924 (+0.04%). While there has been a slight increase in downward momentum, this is likely to lead to USD trading in a lower range of 1.2900/1.2935 rather than a sustained decline.” “1-3 WEEKS VIEW: We have expected USD to trade in a range since early last wee

Geopolitical tensions near the Strait of Hormuz highlight vulnerabilities in global energy markets and challenge Bitcoin's safe-haven status. The post Explosions near Strait of Hormuz rattle oil markets and send Bitcoin sliding appeared first on Crypto Briefing.

The post Washington revokes Iran’s Crude Oil waiver 19 days after granting it appeared on BitcoinEthereumNews.com. The United States Treasury Department revoked the general license authorizing Iranian Crude Oil sales on Tuesday, ending the shortest-lived sanctions relief of the ceasefire era hours after three tankers were struck in the Strait of Hormuz. The move strips Tehran of the single largest revenue concession it extracted from last month’s talks and puts the entire fourteen-point framework on notice. Nineteen days of goodwill The waiver survived nineteen days between issuance and revocation, which tells the market everything it needs to know about how Washington scores compliance. The license arrived in June under the fourteen-point memorandum of understanding that reopened the Strait of Hormuz and originally permitted Iranian sales through August 21; the Treasury now orders those transactions unwound by July 17. American officials framed the decision in strictly transactional t

Exxon's profit surge amid geopolitical tensions highlights the vulnerability of global oil markets to conflict-driven supply disruptions. The post Exxon profit surges $4B amid Middle East conflict-driven oil rally appeared first on Crypto Briefing.

The post Forex Today: US Dollar steadies as Williams keeps inflation caution alive appeared on BitcoinEthereumNews.com. Here is what you need to know on Wednesday, July 8: The US Dollar Index (DXY) trades near the 101.00 area, recovering modestly after two days of running in place as investors digest softer US labor data and cautious comments from Federal Reserve (Fed) officials. The latest ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to slower private hiring momentum. However, the Greenback maintained its ground as New York Fed President John Williams said that inflation remains too high, but added that monetary policy is well-positioned and future decisions will depend on incoming data. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.23% 0.24% 0.00% -0.04% 0.34% 0.34% 0.38% EUR -0.23% -0.01% -

Escalating tensions near the Strait of Hormuz could disrupt global oil supply, impacting energy prices, inflation, and crypto market dynamics. The post US strikes Iranian military sites near Strait of Hormuz after cargo ship attack appeared first on Crypto Briefing.

The escalation in the Strait of Hormuz heightens geopolitical tensions, potentially destabilizing regional security and impacting global markets. The post US Central Command strikes Iran after attacks on ships in Strait of Hormuz appeared first on Crypto Briefing.

The post Vietnam: Supportive stance as inflation risks recede – DBS appeared on BitcoinEthereumNews.com. DBS Group Research economist Chua Han Teng expects the State Bank of Vietnam to keep its refinancing rate at 4.50% through end-2026. The report highlights a broadly stable Vietnamese Dong against the US Dollar, easing headline inflation, and strong GDP growth. DBS raises its 2026 growth forecast to 8.0% as supportive monetary policy is maintained. SBV seen holding rates to 2026 “The State Bank of Vietnam (SBV) kept its refinancing rate unchanged at 4.50% in 1H26, and we expect this steady stance to extend until the end of 2026.” “Although the Vietnamese dong has been hovering on the weaker end of its trading band against the US dollar in 2Q26, it has remained broadly stable with a slight appreciation bias, despite bouts of regional FX volatility driven by Middle East tensions and hawkish re-pricing of US Fed interest rate expectations.” “At the same time, headline inflation eased an