The post AUD/JPY Price Forecast: Edges higher above 112.50 as mildly bullish bias persists appeared on BitcoinEthereumNews.com.
The AUD/JPY cross gathers strength to around 112.70 during the early European session on Wednesday. Nonetheless, renewed tensions between the US and Iran, and fears of possible intervention by Japanese authorities might support the Japanese Yen (JPY) and cap the upside for the cross. BBC reported on Tuesday that the US launched “powerful” strikes on Iran in response to attacks on three oil tankers in the Strait of Hormuz. US Central Command (Centcom) said that it had hit over 80 targets, including more than 60 Islamic Revolutionary Guard Corps (IRGC) small boats in the strait. Technical Analysis: In the daily chart, AUD/JPY holds above the 100-day moving average (MA) and the Bollinger Bands’ (20) middle band, keeping the broader trend supported after the latest rebound. Price is also comfortably above the lower Bollinger band, while the Relative Strength Index
Escalating US-Iran tensions could destabilize global markets, impacting energy prices and crypto volatility, with broader geopolitical risks.
The post Iran’s Khatam al-Anbiya headquarters threatens US military targets as crypto markets brace for impact appeared first on Crypto Briefing.
The post USD/CAD Price Forecast: Weakens below 1.4200 as Oil gains, but technicals still favor upside appeared on BitcoinEthereumNews.com.
The USD/CAD pair loses traction to near 1.4175 during the early European trading hours on Wednesday. Renewed US military strikes against Iran have boosted crude oil prices and provide some support to the commodity-linked Canadian Dollar (CAD) strengthens against the US Dollar (USD). Reuters reported on Wednesday that the Islamic Revolutionary Guard Corps (IRGC) said they attacked US military sites in Bahrain and Kuwait after the US launched a wave of strikes against Iran in response to attacks on tankers in the Strait of Hormuz. It is worth noting that Canada is a major oil-exporting country, and high crude oil prices generally have a positive impact on the Loonie. “For now, the market is keeping to the playbook that Tehran and Washington are still in a high-stakes game to gain leverage during the temporary truce, and that Tuesday’s incident would n
Iran's expanded target list heightens regional instability, potentially disrupting global shipping and escalating military tensions further.
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The post Euro rises against Japanese Yen as latter underperforms across the board appeared on BitcoinEthereumNews.com.
The Euro (EUR) trades 0.1% higher to near 185.20 against the Japanese Yen (JPY) during the European trading session on Wednesday. The cross gains as the Japanese Yen (JPY) underperforms its peers despite clarification from Japan’s Growth Strategy Minister Minoru Kiuichi that the government is not prompting a low-interest rate environment. Japanese Yen Price Today The table below shows the percentage change of Japanese Yen (JPY) against listed major currencies today. Japanese Yen was the weakest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD -0.09% -0.04% 0.05% -0.15% -0.13% -0.62% -0.15% EUR 0.09% 0.05% 0.15% -0.06% -0.04% -0.53% -0.06% GBP 0.04% -0.05% 0.09% -0.12% -0.10% -0.55% -0.13% JPY -0.05% -0.15% -0.09% -0.21% -0.17% -0.68% -0.22% CAD 0.15% 0.06% 0.12% 0.21% 0.03% -0.47% -0.01% AUD 0.13% 0.04% 0.10% 0.17% -0.03% -0.48% -0.05% NZD 0.62% 0.53
The ongoing military conflict heightens geopolitical tensions, impacting global markets and intensifying volatility in risk assets like crypto.
The post US-Israel strikes hit military sites in Iran’s Bushehr province as crypto markets brace for impact appeared first on Crypto Briefing.
The post USD/JPY Price Forecast: Dollar remains capped below 162.40 resistance area appeared on BitcoinEthereumNews.com.
The US Dollar (USD) appreciates against the Japanese Yen (JPY) for the fourth consecutive day on Wednesday, fuelled by the resumption of hostilities in the Middle East and dovish comments from Bank of Japan (BoJ) officials. The Greenback, however, is struggling to break last week’s highs at 162.40 so far. A new round of US strikes on Iran, in retaliation for alleged attacks from Tehran on vessels closing Hormuz earlier this week, hurt risk appetite on Wednesday. and provided some support to the safe-haven US Dollar, The Yen, however, is suffering from weakness of its own, as BoJ monetary committee member Toichiro Asada, the dovish dissenter at June’s monetary policy meeting, said that he needs to see signs of demand-driven inflation before supporting interest rate hikes, Technical Analysis: 162.40 is the last barrier before 40-year highs USD/JPY trades at 162.26, mai
The procession may strengthen Iran-Iraq ties, affecting regional power dynamics and reducing the perceived likelihood of Iran's regime collapse.
The post Khamenei funeral procession crosses into Iraq amid 2026 Iran war tensions appeared first on Crypto Briefing.
The escalation in the Strait of Hormuz could lead to increased military tensions and potential airspace closures, affecting global trade routes.
The post IRGC Navy member killed by drones as Iran escalates conflict in Strait of Hormuz appeared first on Crypto Briefing.