The post EUR/JPY Price Forecast: Loses momentum to near 185.00, but bias stays bullish appeared on BitcoinEthereumNews.com.
The EUR/JPY cross loses momentum to near 185.10 during the early European session on Thursday. Escalations in the US-Iran conflict boost the safe-haven currency, such as the Japanese Yen (JPY) and act as a headwind for the cross. CNN reported on Thursday that Iran’s Islamic Revolutionary Guard Corps (IRGC) launched an attack targeting an American air base, which they said was the source of US strikes on Iranian targets hours before. The US strikes targeted Iranian drones and a launch site near the Strait of Hormuz. Traders will keep an eye on the Tokyo May Consumer Price Index (CPI) inflation report, which is due later on Friday. In case of a softer-than-expected Tokyo CPI print, this could drag the Japanese Yen lower against the Euro (EUR) in the near term. Technical Analysis: In the daily chart, EUR/JPY holds a mild bullish bias as it trades above the 100-day
The post Japanese Yen: Approaching intervention zone against USD – Societe Generale appeared on BitcoinEthereumNews.com.
Societe Generale analysts note USD/JPY grinding towards 160 as widening 2-year UST/JGB spreads dominate over Oil moves for the Japanese Yen (JPY). The pair trades within 1% of the late-April intervention level, with markets assuming a 25 bp Bank of Japan (BoJ) hike in June. They highlight key intraday support, resistance and sizeable option expiries. Spreads drive Yen weakness “Spot advances to new May high tracking oil, US yields. Support 158.70, resistance 160.70.” “In G10 FX, it is puzzling to observe USD/JPY grinding towards 160, tracking the re-widening in 2y UST/JGB spread to 270bp.” “The level in spreads is not insignificant technically and corresponds with the previous high of Nov-25. It also demonstrates that bond spreads hold greater sway at present over oil prices in the case of the Yen.” “Hawkish declarations by Governor Ueda earlier this week appear to h
Geopolitical tensions underscore the vulnerability of crypto markets, highlighting the risks of leverage amid unpredictable global events.
The post Iran’s IRGC strikes US airbase in retaliation, raising crypto market volatility concerns appeared first on Crypto Briefing.
Geopolitical tensions underscore the vulnerability of crypto markets, highlighting the risks of leverage amid unpredictable global events.
The post IRGC targets US base in retaliation for Bandar Abbas strikes, triggering $200M in crypto liquidations appeared first on Crypto Briefing.
The IRGC's actions heighten US-Iran tensions, reducing prospects for diplomatic resolutions and increasing regional instability risks.
The post IRGC retaliates against US base amid heightened tensions with Iran appeared first on Crypto Briefing.
Escalating tensions could destabilize global markets, impacting crypto volatility, energy prices, and regulatory scrutiny on digital assets.
The post IRGC strikes US air base and warns of escalation, sending ripples through crypto markets appeared first on Crypto Briefing.
The post US President Donald Trump says he won’t rush Iran deal because he doesn’t care about the midterms appeared on BitcoinEthereumNews.com.
US President Donald Trump said that he won’t be rushed into a deal, warning that Iran’s efforts to outlast him won’t work because he doesn’t “care about the midterms,” CNN reported on Wednesday. Trump further stated that the Strait of Hormuz will be “open to everybody” and that the US will “watch over it,” adding that those terms are a part of negotiations with Iran.On Wednesday, US Secretary of State Marco Rubio said the US will give talks with Iran “every chance to succeed.” Rubio added that talks with Iran have made some progress. Trump prefers diplomacy but has other options available if that doesn’t work. Fars News reported late Wednesday that three explosions were heard east of Bandar Abbas and air defenses were activated for several minutes. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for W
Goldman Sachs says foreign institutions including China and Japan sold Treasuries as the dollar rose over 2% during the US-Iran conflict in March 2026.
The post Goldman Sachs links stronger dollar to reduced Treasury demand amid US-Iran conflict appeared first on Crypto Briefing.
The drone incident heightens geopolitical tensions, potentially impacting global crypto regulations and increasing scrutiny on digital asset flows.
The post IRGC shoots down US MQ-9 Reaper drone over Persian Gulf, warns on truce violations appeared first on Crypto Briefing.
