AUD/USD climbs as Chinese Yuan strength supports the Aussie

The post Malaysian Ringgit: Range-bound outlook holds against US Dollar – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian Ringgit (MYR) weakness has stayed below 4.15 against the US Dollar (USD), and Chan expects USD/MYR to trade broadly within a 4.00–4.20 range near term, while maintaining a neutral stance on Malaysian government securities. Ringgit seen holding broad range “In Malaysia, BNM kept the Overnight Policy Rate unchanged at 2.75% and maintained a broadly neutral policy stance.” “We expect BNM to remain on hold through the rest of 2026, as current monetary settings continue to support growth while keeping inflation manageable.” “Domestic fundamentals remain broadly supportive, underpinned by a resilient labour market, healthy investment approvals, and contained infl

The post BREAKING: Trump Agrees to Iran Talks Despite Ending Ceasefire As Markets React appeared on BitcoinEthereumNews.com. On Truth Social, President Trump said the Iranians are asking for continued negotiations and that the U.S. has agreed but has emphasized that the ceasefire isn’t in effect. “The Islamic Republic of Iran has invited us to ‘talks’ to continue. We have agreed to do that, but to them, in very clear terms, the ceasefire is OVER!” Trump wrote. The comment came hours after Trump told reporters that he no longer participates in the US-Iran deal, which he has called the “worst deal ever negotiated” which led to a sharp sell-off in the financial markets. Yesterday, U.S. stock markets lose about $500 billion, oil surged, and crypto fell. After the announcement today, Bitcoin bounced back over the $64,000 mark. XRP, DOGE, and the rest of the altcoin market rallied as well. What Changed Between Yesterday and Today Trump’s comments yesterday were aggressive. He announced the e

The post Chinese Yuan: Reflation gap weighs against US Dollar – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC acknowledged “structural divergence” between high-tech strength and weak consumption. Despite this backdrop, USD/CNY and USD/CNH both fell, reflecting some currency strength even as domestic demand remains subdued. China reflation momentum softens “China’s reflationary recovery lost further traction in June, with CPI rising 1.0% yoy (Bloomberg consensus: 1.1%) vs 1.2% in both April and May. The reading marks the slowest CPI print in three months and reinforces concerns that domestic demand remains structurally weak even as the broader economy stabilises.” “Core CPI, which excludes food and energy, also came in at 1.0% yoy against an expected 1.1%, signalling that

The post Trump Says U.S., Iran to Continue Talks Despite Ceasefire Ending, Bitcoin Extends Gains appeared on BitcoinEthereumNews.com. U.S. President Donald Trump has revealed that U.S.-Iran talks will continue after a request from Iran. Bitcoin extended its gains amid this development, breaking above the psychological $64,000 level. Trump Gives Update On U.S.-Iran Talks, Bitcoin Extends Gains In a Truth Social post, the president said that Iran has asked the U.S. to continue talks and that they have agreed to do so. However, he added that the U.S. has said to Iran that the ceasefire is over even as talks continue. This follows an earlier report of President Trump’s statement that Iran wants to make a deal “so badly.” Bitcoin has extended its gains amid the president’s latest statement about U.S.-Iran talks set to continue. The leading crypto is currently trading at around $64,100, up almost 2% from an intraday low of around $62,000, according to TradingView data. BTC notably dropped be

The post Trump Refuses to Sign Housing Bill Banning CBDC in Protest Over SAVE America Act appeared on BitcoinEthereumNews.com. President Donald Trump has said that he will not sign the housing bill, the 21st Century ROAD to Housing Act, as the Senate has failed to pass the Save America Act, which he continues to push for. The 21st Century ROAD to Housing Act notably includes a CBDC and is still on course to become law despite the president’s refusal to sign the bill. Trump Says He Won’t Sign Housing Bill In a Truth Social post, the president said he would not sign the housing bill, which Congress passed last month and sent to the White House. He explained that he was doing this in protest over the fact that the Senate is not capable of passing the Save America Act, despite it polling at 97% among the Republican Party. As CoinGape reported earlier, President Trump delayed signing the bill last month. Back then, he said he wouldn’t sign it until Congress passed the “desperately needed” S

The post United States Dollar Index little changed as traders weigh geopolitics and Fed outlook appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY) trades within a volatile range on Friday as a sparse US economic calendar leaves traders watching developments in the Middle East after renewed hostilities between the United States (US) and Iran this week. Even so, the latest flare-up has provided only limited support, with the DXY set to finish the week virtually unchanged. At the time of writing, the index, which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.85 after slipping to a one-week low of 100.60 earlier in the Asian session. On Friday, US President Donald Trump said in a Truth Social post that Iran had asked to continue talks and that the US had agreed, while reiterating that the ceasefire was “over.” The mix of diplomacy and ongoing tensions has kept traders cautious about a quick end to the war. Meanwhile, hawkish Federa

The IMO's condemnation of Iran's actions could heighten geopolitical tensions, impacting global oil prices and crypto market stability. The post UN shipping agency condemns Iran’s Strait of Hormuz sovereignty claims as crypto markets brace for volatility appeared first on Crypto Briefing.

The post Trump signals new Iran talks as Bitcoin surges past $64K appeared on BitcoinEthereumNews.com. Bitcoin has climbed above the $64,000 level after U.S. President Donald Trump confirmed that the United States has agreed to continue talks with Iran following a new request from Tehran. Summary Trump confirmed the U.S. will continue talks with Iran after a new request from Tehran. Bitcoin climbed above $64,000 as markets reacted positively to the diplomatic update. Polymarket still places the odds of a U.S.-Iran nuclear deal by year-end at just 38%. According to a post by President Trump on Truth Social, Iran asked to resume discussions with the United States, and Washington agreed to continue negotiations. At the same time, Trump stated that the ceasefire was over, indicating that diplomatic engagement would continue despite the end of the truce. “The Islamic Republic of Iran has asked us to continue “talks.” We have agreed to do so, but the United States has stated to them, in no u