Euro: Energy repricing shapes outlook against US Dollar – ABN AMRO

The Federal Reserve has warned that strong artificial intelligence-related demand could keep inflation elevated, while market pricing for a U.S. interest rate hike this year has climbed above 59%. According to the minutes of the Federal Reserve’s June Federal Open…

The post COIN and CRCL Stock Price Prediction Ahead of July 18 GENIUS Act Rule Deadline appeared on BitcoinEthereumNews.com. US federal agencies, including the Federal Reserve and the Treasury, have ten days until the July 18 deadline when they are required to issue guidelines on how the GENIUS Act that was passed in July 2025, will be implemented. The implementation could have an impact on the prices of crypto stocks listed in the US, including Circle (NYSE: CRCL) and Coinbase (NASDAQ: COIN). GENIUS Act Implementation Deadline Nears The GENIUS Act that introduced a regulatory framework for stablecoin issuers was signed into law in July 18 2025 by President Donald Trump. But when Congress passed the bill, they gave US financial market regulators a year to come up with rules that will govern the issuance, licensing, and management iof stablecoin. That one-year period from when the GENIUS Act passed into law ends on July 18, 2026, and the crypto market is waiting to see the rules that th

The post Japanese Yen falls as Fed Minutes revive tightening bets appeared on BitcoinEthereumNews.com. The Japanese Yen (JPY) depreciates by over 0.26% against the US Dollar (USD) on Wednesday within familiar levels, as the Federal Reserve’s (Fed) last meeting minutes showed that the majority of participants indicated that “some policy firming would likely be warranted.” The USD/JPY pair trades at 162.54 after bottoming near 162.03. USD/JPY weakens as hawkish Fed minutes lift Dollar and yields Market mood is mixed, following US President Donald Trump’s change of tone, turning more hawkish against Iran’s behavior, threatening to escalate the conflict. This boosted the Greenback as the US Dollar Index (DXY) reclaimed the 101.00 figure. Digging into the US central bank’s minutes, all officials supported leaving rates unchanged and saw a stable labor market. Most participants “preferred” not to use the previous language, pointing to scenarios in which prices would remain elevated due to AI

The post EUR/USD Price Forecast: Bears retain control within descending channel appeared on BitcoinEthereumNews.com. EUR/USD holds firm on Wednesday after reversing earlier losses triggered by renewed tensions between the United States (US) and Iran, while traders digest the June Federal Open Market Committee (FOMC) meeting minutes. At the time of writing, the pair is trading around 1.1427 after hitting an intraday low of 1.1391. The US Dollar (USD) saw little immediate reaction to the minutes, suggesting much of the Federal Reserve’s (Fed) message was already reflected in market pricing. The US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is trading around 100.97, easing from an intraday high of 101.27. Officials remained cautious about inflation, which remains well above the central bank’s 2% target, while describing labor market conditions as balanced. Policymakers also signaled that the future path of interest rates will depend on

The post Fed minutes show AI joining tariffs as inflation risk, reinforcing higher-for-longer rates appeared on BitcoinEthereumNews.com. Federal Reserve officials viewed artificial intelligence-driven investment as an emerging source of inflationary pressure at their June policy meeting. They added another reason to keep interest rates elevated, even as the labor market remained stable. Minutes from the June 16–17 Federal Open Market Committee [FOMC] meeting show policymakers increasingly linking AI-related demand with persistent inflation. It reinforces expectations that borrowing costs could stay higher for longer.  For crypto markets, that points to a macro backdrop that may delay the liquidity boost typically associated with lower interest rates. Fed says AI investment is adding to inflation pressures The minutes show officials broadly agreed that inflation remained well above the Fed’s 2% target and had become more broad-based.  While policymakers continued to cite tariffs and sup

The post US Dollar Index shrugs at unanimous Fed hold that reads anything but unanimous appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY) spent Wednesday travelling in circles, grinding around 101.00 after the Minutes of the June 16-17 Federal Open Market Committee (FOMC) meeting crossed the wires at 18:00 GMT, capping a session in which traders had already faded another round of Middle East friction. The muted price action undersells the document. A unanimous 12-0 vote to hold the target range at 3.50% to 3.75% papers over a Committee that agrees on very little beyond the decision itself. Read more: FOMC Minutes leans toward higher-for-longer narrative One vote, three arguments Every voter backed June’s hold, and the post-meeting statement shrank to a few terse lines anchored by a bare commitment to delivering price stability. The Minutes reveal what that unity cost: a few participants saw a live case for raising the target range at the meeting itself, and settled for the

The post Trump Calls Iran “Islamic Republic of Japan” as Oil Surges 5% and Stocks Crash appeared on BitcoinEthereumNews.com. President Donald Trump has told the reporters that the US-Iran ceasefire is now over. “I don’t want to have anything to do with them anymore; they’re scum,” he added. The comments jolted the financial markets around the world. Stocks fell, oil surged, and around $500 billion was wiped out of U.S. stock markets in just a few hours. The remarks also included some unusual verbal errors by Trump, such as referring to Iran as the “Islamic Republic of Japan” while discussing an attack on a U.S. aircraft carrier involving 11 missiles. President Trump said during the NATO Summit that they will probably hit Iran again tonight. Last week, positive news came in from the US-Iran talks. The indirect talks concluded between Iranian and U.S. negotiators and Qatari and Pakistani mediators in Doha, Qatar, with positive progress. But today, all of that progress seems to go in vain

The post New Zealand Dollar: RBNZ tightening supports upside – ABN AMRO appeared on BitcoinEthereumNews.com. ABN AMRO’s Georgette Boele reports that the Reserve Bank of New Zealand lifted its policy rate by 25 bp to 2.5% and signalled more tightening is likely. Despite some easing in energy prices, the bank sees persistent inflation pressures and scope for further reduction in stimulus. With markets pricing additional hikes, ABN AMRO expects modest upside for the New Zealand Dollar versus the US Dollar. RBNZ hikes and signals further tightening “This week, the Reserve Bank of New Zealand raised its policy rate by 25bp to 2.5%.” “It also said that, with inflation still above target and economic activity expected to strengthen, further reduction in monetary stimulus is likely to be needed to bring inflation back to the 2% target midpoint.” “Future OCR decisions will depend on incoming data, price-setting behaviour and the strength of economic activity, and how these factors affect medium