Canton Network Turns Bullish After a Super Validator Signal

Augustus Bank CEO Ferdinand Dabitz says legacy clearing banks can’t be rebuilt for AI after the OCC grants conditional approval for its stablecoin-focused US bank push.

Augustus says old banks can’t rebuild for AI and stablecoins after OCC approval, as it prepares Dallas bank for programmable clearing soon.

The post Euro: Global Euro moment still unfulfilled – ING appeared on BitcoinEthereumNews.com. ING’s Carsten Brzeski argues that Europe has yet to earn its “global euro moment” outlined by European Central Bank (ECB) President Christine Lagarde in 2025. Despite progress on initiatives like the Savings and Investment Union and capital markets reforms, he stresses that fragmented capital markets and large, underused household savings continue to limit the Euro’s strategic international role. Structural savings and market fragmentation persist “And one year ago, ECB President Christine Lagarde stood in Berlin and declared that the fracturing global order had created Europe’s “global euro moment”: a rare chance to step up, earn influence, and reshape the international monetary system in Europe’s favour. Twelve months on, let’s be honest: the optics are not good.” “And yet – to borrow from Monty Python’s Life of Brian – what has Europe ever done for us? Well, over the last 12 months: the Sa

The post US Dollar Index: Rates support further gains – Societe Generale appeared on BitcoinEthereumNews.com. Societe Generale’s Kit Juckes links the Dollar’s trajectory to shifting interest rate and growth differentials, noting that US 2-year Treasury yields have surged since the war with Iran while the Dollar Index has only modestly advanced. He argues the Dollar still has room to rally, with the bank’s end-2026 DXY forecast above Bloomberg consensus. US yields outpace peers, backing Dollar “Still, the chart below of the Dollar Index and 2-year Note yields, does tell an interesting story. The dollar was already rallying before the Presidential election and continued to do so until January 2025.” “From September 2025 until the outbreak of the war with Iran, 2-year Treasury yields stayed low, in a 3.4-3.7% range despite strong economic growth, an investment boom and signs of inflationary pressures at the margin. Over the same period, the Dollar Index meandered around in a 96-101 range,

The post Euro refreshes monthly low against US Dollar as traders price out dovish Fed bets appeared on BitcoinEthereumNews.com. The Euro (EUR) trades sharply lower against the US Dollar (USD) around 1.1630 during the European trading session on Friday, the lowest level seen in over a month. The EUR/USD pair faces intense selling pressure as the US Dollar (USD) outperforms across the board due to firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.32% 0.41% 0.05% 0.20% 0.86% 1.00% 0.25% EUR -0.32% 0.08% -0.26% -0.13% 0.54% 0.72% -0.06% GBP -0.41% -0.08% -0.34% -0.21% 0.46% 0.62% -0.15% JPY -0.05% 0.26% 0.34% 0.16% 0.80% 0.96% 0.20% CAD -0.20% 0.13% 0.21% -0.16% 0.64% 0.78% 0.05% AUD -0.86% -0.54% -0.46% -0.80% -0.64% 0.17% -0.61% NZD

The post Euro rallies above 0.8700 against the British Pound as UK political turmoil worsens appeared on BitcoinEthereumNews.com. The Euro (EUR) rallies for the second consecutive day against an ailing British Pound (GBP) on Friday, crushed by growing political uncertainty in the UK. The cross reached fresh five-week highs above 0.8720 earlier on the day and is heading for a 0.75% weekly appreciation, its best performance in the last eight months. Traders are selling the Pound across the board, following the resignation of the UK Health Secretary, Wes Streeting, the last of a series of resignations, following the disastrous Labour results at last week’s local elections. Streeting affirmed on Thursday that he “lost confidence” in UK Prime Minister Keir Starmer, which has increased his isolation. Starmer has pledged to remain in charge, but his position grows weaker by the minute. Calls to resign have been mounting, and some Labour lawmakers are moving to replace him, with the Mayor of G

The post Euro: Technical break points to 1.160 test versus US Dollar – ING appeared on BitcoinEthereumNews.com. ING’s Francesco Pesole highlights a significant technical break in EUR/USD below 1.170, opening scope for a test of 1.160 in coming days. Pesole stresses that widening EUR:USD two-year swap differentials back towards pre-war levels have removed a key source of Euro (EUR) resilience versus the US Dollar (USD), while political risk is adding a premium to EUR/GBP with upside risks for the cross. Rate gap widens as support fades “We saw a pretty significant technical break in EUR/USD at 1.170, which seemed to rapidly pave the way for a test of 1.160 in the coming days.” “While equities are the main driver of the pair, the moves in short-term rate differentials have been big of late. The EUR:USD two-year swap rate gap has widened 20bp from -80bp to -100bp since the start of this week. That is now close to pre-war levels, essentially removing a key driver (hawkish ECB repricing vs

The post Euro Slides Toward 1.1650 As Hot US Inflation Data Fuels Fed Rate Hike Bets appeared on BitcoinEthereumNews.com. Euro Slides Toward 1.1650 As Hot US Inflation Data Fuels Fed Rate Hike Bets Skip to content Home Forex News Euro Slides Toward 1.1650 as Hot US Inflation Data Fuels Fed Rate Hike Bets Source: https://bitcoinworld.co.in/euro-slides-toward-11650-hot-us-inflation-fuels-fed-rate-hike-bets/