BitcoinEthereumNews·
The post Swiss Franc gains as Fed split weighs on USD, US-Iran risks rise appeared on BitcoinEthereumNews.com. USD/CHF extends its decline for a second consecutive day, trading around 0.8065 at the time of writing, losing 0.15% on Thursday, pressured by a weaker US Dollar (USD) following the release of the latest Federal Reserve (Fed) Meeting Minutes. The Minutes showed that policymakers remain divided over the future path of interest rates, with some expecting the policy rate to end the year near its current 3.6% level, while others believe an additional rate hike may be necessary before year-end. This uncertainty over the monetary policy outlook is weighing on the US Dollar, despite resilient US economic data. The latest figures from the Department of Labor showed that Initial Jobless Claims fell to 215K in the week ending July 4 from 217K previously, while Continuing Jobless Claims edged slightly higher to 1.814M. However, geopolitical tensions are limiting the Greenback’s losses. R
Read full articleReal-time data could enhance Fed's responsiveness, potentially stabilizing markets and influencing global economic strategies. The post The Fed wants real-time economic data, and it’s asking Walmart’s former CEO to help get it appeared first on Crypto Briefing.
The Fed's collaboration with tech leaders on AI's economic impact may redefine monetary policy, influencing inflation and interest rates. The post Federal Reserve enlists Marc Andreessen to advise on AI impact appeared first on Crypto Briefing.
The post Japanese Yen finally lands a punch while Tokyo’s silence does the talking appeared on BitcoinEthereumNews.com. Dollar-Yen eases about a tenth of a percent on Thursday, changing hands just below 162.50 after fading from the four-decade highs printed earlier in the week. Down sessions have been collector’s items since the May low, and this one arrives on a tape built for Dollar strength: firm American jobless claims, hawkish Federal Reserve (Fed) commentary, and a fresh war premium in Crude Oil after a second night of United States strikes on Iran. A rally that stopped responding to its own fuel Thursday handed the Dollar everything it usually wants, starting with Initial Jobless Claims printing 215K at 12:30 GMT against a 218K consensus. A voting Federal Open Market Committee (FOMC) member delivered remarks rated firmly hawkish at 13:00 GMT, another speaks at 17:30 GMT, and American forces struck roughly 90 targets across Iran overnight after Tehran attacked commercial shipping
The Fed's new data initiative could enhance economic forecasting, potentially aligning traditional and blockchain data analysis for real-time insights. The post Federal Reserve taps former Walmart CEO Doug McMillon to build real-time economic data engine appeared first on Crypto Briefing.
The post British Pound Sterling stages a jailbreak while Westminster arranges a coronation appeared on BitcoinEthereumNews.com. Cable adds roughly a tenth of a percent on Thursday, changing hands a whisker above 1.3400 and poking through the 200-day Exponential Moving Average (EMA) for the first time since mid-June. The setting makes the move notable: the United States traded overnight strikes with Iran for a second consecutive day, Crude Oil carries a war premium, and Federal Reserve (Fed) speakers spent the session sounding hawkish. None of it bought the Dollar anything against the Pound. Washington supplies hawks and airstrikes, and the Dollar shrugs Thursday’s American docket gave Dollar bulls usable material, starting with Initial Jobless Claims printing 215K at 12:30 GMT against a 218K consensus and a 217K prior. A voting Federal Open Market Committee (FOMC) member delivered remarks rated firmly hawkish at 13:00 GMT, another policymaker speaks at 17:30 GMT, and Existing Home Sale
Voluntary central clearing by the Fed could enhance liquidity, reduce costs, and strengthen policy transmission, impacting financial stability. The post Federal Reserve’s Lorie Logan pushes for voluntary central clearing in open market operations appeared first on Crypto Briefing.
Warsh's Fed review could reshape monetary policy, impacting market dynamics, risk asset volatility, and economic data reliability. The post New Fed Chair Kevin Warsh taps Marc Andreessen, Doug McMillon to lead sweeping monetary policy review appeared first on Crypto Briefing.
Warsh's silence strategy heightens market volatility, increasing uncertainty and risk, particularly impacting crypto and broader financial assets. The post Federal Reserve chair Kevin Warsh goes quiet, and markets are getting nervous appeared first on Crypto Briefing.
