The post Swiss Franc eases as hawkish Fed outlook supports US Dollar appeared on BitcoinEthereumNews.com.
USD/CHF holds modest gains on Tuesday as traders balance softer US labor market data against hawkish Federal Reserve (Fed) expectations, keeping the US Dollar (USD) range-bound. At the time of writing, the pair is trading around 0.8066, remaining on the front foot for a second consecutive day. Recent US labor market data have come in softer than expected, pointing to a gradual cooling after showing signs of improvement earlier this year. The four-week average of the ADP Employment Change eased to 21K from 24.25K. This follows last week’s disappointing June Nonfarm Payrolls (NFP) report, which showed the US economy added just 57K jobs, well below market expectations of 110K. The softer labor market data have prompted traders to scale back expectations of a near-term Fed rate hike. However, Fed officials continue to stress that inflation remains a concern. New York Fed President John
The post FOMC Minutes: Why the S&P 500 Needs Rate-Cut Patience appeared on BitcoinEthereumNews.com.
It’s minutes week. The Fed will open the hood on its June meeting, and stocks will try to figure out if the engine’s still running smooth or starting to ping. If you care about the S&P 500 holding its massive Q2 run, this one matters. We’ll break down what in the minutes can shake equities, why “patient cuts” beat “fast pivots,” and how jobs, inflation, yields, and the dollar tie together. You’ll get a plain checklist for release day, a sector map for different rate paths, and a read-through for crypto risk. Quick heads-up on timing: the June 16–17, 2026 FOMC minutes hit on Wednesday, July 8 at 2:00 p.m. Eastern. Mark the clock. That’s straight from the Fed’s calendar Federal Reserve (FOMC calendar). The S&P 500’s rally still leans on a slow, steady path to rate cuts rather than an urgent pivot. The market wants confirmation that inflation risks are easing enough to trim rates later this
The Fed's hawkish stance could lead to increased Treasury yields, impacting risk assets like Bitcoin and altering market rate expectations.
The post Fed minutes set to reveal hawkish surprise that could rattle crypto markets appeared first on Crypto Briefing.
The proposed AML amendments could significantly enhance banks' accountability, potentially leading to more effective financial crime prevention.
The post Federal Reserve requests public comment on AML program amendments that could reshape bank compliance appeared first on Crypto Briefing.
The post Swiss Franc’s rebound runs on empty appeared on BitcoinEthereumNews.com.
There is a certain honesty to a currency with nothing to say for itself, and the Swiss Franc spent Tuesday doing exactly that. With not one Swiss data release on the calendar this week, the Franc has no story of its own, leaving USD/CHF to drift on whatever the Dollar side of the tape serves up. The pair ground fractionally higher, extending a 2026 recovery off April’s 14-year low near 0.7750 that has been shallow and wholly borrowed from abroad. Borrowed direction from the Fed The only real pulse in USD/CHF this week comes from across the Atlantic. The Federal Reserve (Fed) has spent a month convincing markets it is likelier to hike than cut: June’s hold was a fourth straight, but the projections dropped the old easing bias and left half the committee pencilling in a 2026 hike, keeping the Dollar firm. The awkward part for Dollar bulls is that the data has begun to undercut the rhetoric. Softer US labour
The post New Zealand Dollar weakens amid firm US Dollar, RBNZ eyed appeared on BitcoinEthereumNews.com.
NZD/USD trades around 0.5685 at the time of writing on Tuesday, down 0.26% on the day. The pair remains under pressure as the US Dollar (USD) attracts renewed demand following fresh geopolitical tensions in the Middle East, while investors await the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision. According to Bloomberg, citing a US official, Iran fired at least two missiles at commercial vessels transiting the Strait of Hormuz late Monday. Two ships sustained significant damage without any reported casualties, while the UK Maritime Trade Operations also confirmed that a tanker was struck by an unidentified projectile. The escalation in tensions has supported safe-haven flows and strengthened the US Dollar. Meanwhile, expectations for Federal Reserve (Fed) monetary policy continue to evolve following the recent slowdown in the US labor market. Investors now expect the F
The post British Pound slips as Hormuz attacks revive USD demand appeared on BitcoinEthereumNews.com.
The Pound Sterling (GBP) retreats against the US Dollar (USD) on Tuesday as tensions in the Middle East rise, following reports of attacks on two ships in the Strait of Hormuz. The GBP/USD pair trades at 1.3373, down 0.11%. GBP/USD falls as Oil spike lifts Fed hike worries The Greenback remains steady after the Islamic Revolutionary Guard Corps (IRGC) attacked ships that attempted to pass through the Omani route, ignoring the IRGC’s repeated warnings. These developments underpinned Oil prices and consequently the US Dollar, as high energy prices could force the US Federal Reserve (Fed) to raise interest rates. The US Dollar Index (DXY), which measures the buck’s performance against six currencies, is up 0.05% at 100.93. Data from the US showed that the trade deficit widened in May, driven by a jump in imports and a decline in exports. The Goods and Services Trade Balance deficit came a
The post Euro: Upside bias against US Dollar as ECB repriced – Scotiabank appeared on BitcoinEthereumNews.com.
Scotiabank strategists Shaun Osborne and Eric Theoret report the Euro (EUR) is slightly softer versus the US Dollar (USD) but supported by a sharp recovery in yield spreads and stronger German industrial production. Renewed hawkishness from European Central Bank (ECB) policymakers is lifting Euro area rate expectations. They see near-term upside for EUR/USD, with technicals pointing to a drift toward 1.15 within a 1.1400–1.1500 range and limited resistance before 1.1580. Hawkish ECB supports Euro “Bearish/neutral – the recovery in the RSI is important, reflecting a clear fade in bearish momentum and a drift back toward the neutral threshold around 50. The near-term balance of risk appears to favor gains and a drift toward 1.15 and we note the absence of any material resistance ahead of 1.1580. The medium-term trend is flat, and we look to a near-term range bound between 1.1400
The post Wintermute Cautions ‘Relief Rally’ Likely as Bitcoin Touches Highest Price in Weeks appeared on BitcoinEthereumNews.com.
In brief Wintermute believes recent Bitcoin and crypto price action is a clear relief rally, or short-term price recovery. The market maker pointed to rising ETF inflows, macro easing, and a dovish Fed tone as contributing variables. Bitcoin has jumped more than nearly 10% in the last week, but is still down nearly 50% from October’s peak. Bitcoin has jumped nearly 10% in the last week of trading, recently changing hands at $64,023 after touching a two-week high above $64,500 on Monday. But market-making firm Wintermute says it’s still “somewhat cautious,” suggesting the recent price jump is more of a relief rally than a structural shift. In other words, the firm believes this is a temporary or short-term recovery as opposed to a significant, fundamental shift in the market. “This looks like a textbook relief rally, and it makes sense given the input,” the f
