The post US Dollar: Exposure stays elevated – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu notes that cross-border investors’ Dollar holdings remain close to multi-year highs, driven by strong United States (US) asset exposure with fewer FX hedges. Federal Reserve (Fed) expectations and the Dollar’s yield advantage underpin this stance, while limited tightening by the European Central Bank (ECB) and policy easing in China reduce alternatives. Yu warns that unhedged flows still pose currency risk if US assets underperform. Cross-border holdings and Fed expectations “Fed expectations have not moved materially over the past week, but cross-border investors’ aggregate dollar holdings remain at their highest level since April 2025. That comparison needs caveating: the April episode was distorted by the extreme moves around the Liberation Day tariffs. Today’s dollar exposure is different.” “By late Q2, however, Fed expectations had become the dominant driver, with the dollar’s yie
The post Gold: Rallies face headwinds from Oil and rates – OCBC appeared on BitcoinEthereumNews.com.
OCBC Bank’s Sim Moh Siong and Christopher Wong explain that the precious-metals complex has come under renewed pressure following the recent spike in Oil prices. Gold is down nearly 2% and Silver more than 4% week-to-date, as geopolitics work mainly through the Oil, inflation and rates channel. Near term, rallies in Gold and Silver may struggle unless Oil stabilises or Federal Reserve/rates concerns ease. Non-yielding metals pressured by macro “The precious-metals complex has come under renewed pressure, following the recent spike in oil prices.” “While geopolitics would normally offer some support for gold, the latest move has worked more through the oil, inflation and rates channel.” “That has weighed on non-yielding assets, with gold down nearly 2% week-to-date and silver falling more than 4%.” “Silver’s underperformance is not surprising given its higher-beta profile. Near term, unl
Trump's strategy may heighten global tensions, potentially leading to increased U.S. military actions and impacting geopolitical stability.
The post Trump outlines grand strategy in Ankara, targets China and strengthens alliances appeared first on Crypto Briefing.
India and Japan's enhanced cooperation may reshape regional power dynamics, potentially escalating tensions with China amid US focus shift.
The post India and Japan bolster ties amid US focus shift from Asia appeared first on Crypto Briefing.
The post US Dollar: Reserve role questioned appeared on BitcoinEthereumNews.com.
Rabobank strategist Michael Every discusses contrasting views on the Dollar’s global role. Every cites Adam Tooze’s argument that the USD is now a “profit dollar” backed by rising asset prices, and counters that dismissing Dollar holdings on that basis is odd without an alternative Hamiltonian neomercantilist framework, underscoring realpolitik between financialisation and production. Debate over Dollar’s reserve status “Contrast that with the argument made by Adam Tooze in the Financial Times that the USD is no longer a global reserve FX but just a “profit dollar” backed by rising asset prices.” “There’s a vast realpolitik difference between financialisation and production but arguing one shouldn’t hold dollars because US assets appreciate is rather odd absent a counterargument for Hamiltonian neomercantilism which many, if not all, critics of the US also reject as the solution.” “See the op-ed today in t
The post Forex Today: Markets await FOMC Minutes while tensions in Middle East escalate appeared on BitcoinEthereumNews.com.
Here is what you need to know on Wednesday, July 8: The market sentiment sours on Wednesday as investors assess the latest headlines surrounding the Middle East conflict. Later in the American session, the Federal Reserve (Fed) will publish the minutes of the June Federal Open Market Committee (FOMC) meeting. In the meantime, investors will keep a close eye on geopolitics. US Dollar Price This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the strongest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.10% -0.12% 0.55% -0.23% -0.07% -0.15% 0.42% EUR -0.10% -0.24% 0.46% -0.35% -0.13% -0.28% 0.27% GBP 0.12% 0.24% 0.59% -0.09% 0.11% -0.04% 0.51% JPY -0.55% -0.46% -0.59% -0.80% -0.50% -0.66% -0.16% CAD 0.23% 0.35% 0.09% 0.80% 0.28% 0.13% 0.62% AUD 0.07% 0.13% -0.11% 0.50% -0.2
The post Japanese Yen: Weak tone within defined trading band against US Dollar – UOB appeared on BitcoinEthereumNews.com.
United Overseas Bank’s (UOB) Quek Ser Leang highlights that USD/JPY is trading firmly after a sharp rise, with intraday bias tilted higher toward 162.70 while major resistance at 163.00 is expected to hold. On a 1–3 week horizon, the bank sees a mixed outlook with the pair likely confined between 160.60 and 163.00, though the medium-term trend can extend if above 161.00. USD/JPY upside bias capped below 163.00 “24-HOUR VIEW: Two days ago, USD soared to a high of 162.42. Yesterday, we highlighted the following: “The rapid rise appears excessive, and the pullback from overbought conditions suggests limited further upside for USD. Today, USD could trade in a range between 161.50 and 162.45.” USD then traded within a narrower range than expected (161.66/162.18) before closing marginally higher by 0.01% at 162.09. USD traded on a firm note in the early Asian trade today,
The post US attacks on Iran: Why did the US Dollar fail to rally this time? appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY) pulls back to levels a few pips shy of 101.00 during Wednesday’s European session, after being rejected at the 101.20 area earlier in the day, and has turned negative on daily charts. The Index rose amid the fresh hostilities in Iran but has remained within previous ranges as investors remain hopeful that the peace process will survive. The US military announced earlier on Wednesday the completion of the latest round of attacks on Iran, hitting more than 80 targets, in retaliation for alleged attacks by Iranian forces on commercial vessels crossing the Strairtt of Hormuz earlier this week. The US has also rescinded the authorization to export Iranian Oil. The Iranian Islamic Revolutionary Guard Corps (IRGC) said that they targeted 85 US military targets in Kuwait and Bahrain. The Bahrainian Interior Ministry confirmed sirens sounding in the country,
Geopolitical tensions heighten risk aversion, potentially affecting economic stability perceptions and influencing future Federal Reserve policies.
The post US stock futures fall amid Trump comments on Iran nuclear deal appeared first on Crypto Briefing.
