The post British Pound gains traction above 1.3400 as markets bet on BoE rate hikes appeared on BitcoinEthereumNews.com.
The GBP/USD pair gathers strength to around 1.3430 during the Asian trading hours on Friday. The British Pound (GBP) edges higher against the US Dollar (USD) on the UK government leadership transition and growing expectations of further Bank of England (BoE) interest rate hikes. Andy Burnham’s path to becoming the next UK prime minister looks certain after a vast majority of Labour MPs formally nominated him to be the next party leader. Bloomberg reported on Thursday that 322 of 403 Labour members of Parliament voted for Burnham at the end of the first day of the party’s leadership contest to replace Keir Starmer. Burnham is expected to formally become Prime Minister on July 20. Traders increased bets on BoE interest rate hikes amid escalating tensions between the US and Iran. Markets are now fully pricing in a 25 basis points (bps) BoE rate hike by year-end, most li
The post The US-Iran Ceasefire Was an Illusion. Markets are Paying the Price appeared on BitcoinEthereumNews.com.
The 60-day United States-Iran ceasefire should never have been interpreted as a genuine peace agreement. It represented a tactical pause in hostilities over the strategically significant Strait of Hormuz. The Islamabad Memorandum of Understanding temporarily eased immediate military tensions, partially reopened the shipping corridor, and briefly reassured markets. Yet the fundamental political, military, and economic issues remained unresolved. 🇮🇷 Hormuz traffic crashed after the latest U.S.-Iran escalation. Ships are avoiding the main Omani lane like it’s on fire, with zero big traceable transits since July 7. Brent crude jumping as traders freak out over fresh supply risks. Writer: Lucaspic.twitter.com/LUegYwRTsq — Mario Nawfal (@MarioNawfal) July 9, 2026 A Deadline That Concealed the Real Risk The abrupt collapse of this framework ahead of the August 16 deadline repres
Heightened cross-strait tensions could destabilize global markets, impacting technology supply chains and increasing geopolitical uncertainties.
The post Taiwan’s radar system tracks PLA ballistic missile launch, raising fresh geopolitical risks for markets appeared first on Crypto Briefing.
The deployment could stabilize regional tensions, impacting global markets by reducing volatility and influencing capital flows in emerging markets.
The post Trump’s plan to deploy 20,000 peacekeeping troops to Gaza could reshape Middle East risk calculus for markets appeared first on Crypto Briefing.
The US strike on Iran's railway bridge highlights vulnerabilities in global trade routes, potentially impacting geopolitical stability and crypto markets.
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The post GBP/JPY Price Forecast: Bullish amid respected higher-high structure appeared on BitcoinEthereumNews.com.
The British Pound advances some 0.50% against the Japanese Yen on Thursday, as risk appetite improves after US President Donald Trump said that Iran had reached out and that it wants to make a deal badly. At the time of writing, GBP/JPY trades at 217.76, near year-to-date (YTD) highs. GBP/JPY Price Forecast: Technical outlook The GBP/JPY has reached 18-year highs, last seen in February 2008, opening the door to challenging the January 2008 monthly peak levels. Price action shows the market is respecting a series of higher highs and higher lows, an indication of further upside. Momentum favours buyers, as the Relative Strength Index (RSI) is bullish and about to enter overbought territory, indicating further upside. The first resistance for GBP/JPY is 218.00. Once cleared, it opens the door to challenge key psychological levels like 219.00, 220.00 and the January 2008 high
A permanent ban on crypto donations could reshape UK political funding, limiting foreign influence and impacting new party dynamics significantly.
The post Labour MPs push for permanent ban on crypto political donations appeared first on Crypto Briefing.
Real-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.
Heightened geopolitical tensions could lead to market volatility, impacting global oil prices and increasing regulatory scrutiny on cryptocurrencies.
The post Iran plots to assassinate Trump, Israel warns US: what it means for markets appeared first on Crypto Briefing.
