Euro refreshes monthly low against US Dollar as traders price out dovish Fed bets

The post US Dollar: Supported by higher yields and data – Deutsche Bank appeared on BitcoinEthereumNews.com. Deutsche Bank analysts highlight that the Dollar Index (DXY) strengthened as United States (US) yields moved higher and data remained resilient. Retail sales matched expectations, and the Atlanta Fed’s GDPNow estimate for Q2 was revised up, underscoring solid economic momentum. Short-end Treasury yields broke above 4%, while the 10-year yield reached a 10‑month high, underpinning the Dollar’s performance. Firm US data and yields back Dollar “And in turn, 2yr Treasury yields (+3.9bps) rose above 4% for the first time since June 2025.” “The moves were more muted further out the curve however, with the 10yr Treasury yield (+1.3bps) inching up to a 10-month high of 4.48%.” “Elsewhere, markets got further support from a robust batch of US data. In particular, retail sales showed signs of resilience, with the headline measure up +0.5% in April as expected.” “And in turn, the Atlanta F

The post Canadian Dollar hits fresh monthly lows as the US Dollar rallies in risk-off markets appeared on BitcoinEthereumNews.com. The Canadian Dollar (CAD) extends losses against the US Dollar (USD) for the fourth consecutive day on Friday, with the USD/CAD pair trading in the mid-range of the 1.3700s after rallying about 0.5% so far this week. A combination of risk-off markets and higher US Treasury yields amid growing expectations of Federal Reserve (Fed) rate hikes is providing ideal conditions for Greenback buyers. The summit between US President Donald Trump and Chinese President Xi Jinping has delivered more compliments than concrete agreements, but given the controversial issues of Iran and Taiwan looming over the meeting, a friendly outcome has been considered enough to provide a further boost to the US Dollar. The Greenback has been drawing support from US macroeconomic data this week, as the strong US inflationary numbers, coupled with resilient Retail Sales figures, have pr

The post Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means appeared on BitcoinEthereumNews.com. Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means Skip to content Home Forex News Indian Rupee Hits Record Low Near 96 Against US Dollar: What It Means Source: https://bitcoinworld.co.in/indian-rupee-record-low-96-usd/

Rising rate hike odds could disrupt investment strategies, impacting high-growth sectors and crypto, necessitating strategic repositioning. The post Markets raise odds for Federal Reserve rate hike after inflation report appeared first on Crypto Briefing.

The post Canton Network Turns Bullish After a Super Validator Signal appeared on BitcoinEthereumNews.com. Canton (CC) is rallying nearly 8% on Thursday after Societe Generale joined the Canton Network as an Ecosystem Super Validator. The move sees the bank’s SG-FORGE unit deploy euro and dollar stablecoins for institutional settlement. The token broke above its $0.15 accumulation zone and snapped a descending trendline running from its February 3 all-time high. Price now targets the 0.618 Fibonacci retracement at roughly $0.17. Daily Chart Breaks Descending Trendline From February Peak Canton (CC) printed a 6.94% bullish daily candle on Thursday. The move sliced through a descending trendline that has capped price since its February 3 record at $0.194. That trendline had defined the multi-month downtrend after the February peak. Its break removes the most visible structural ceiling on the daily chart. The breakout follows a reclaim of the $0.15 accumulation zone earlier this week. The

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 Fed's hawkish shift could strain economic growth, impact crypto liquidity, and challenge inflation control, altering future rate strategies. The post Federal Reserve faces hawkish shift in rate outlook as Iran war reshapes inflation expectations appeared first on Crypto Briefing.

The post US Dollar Faces Summit-Driven Correction, Warns DBS appeared on BitcoinEthereumNews.com. Singapore’s DBS Group Research has issued a note suggesting the US Dollar may be headed for a correction, driven by outcomes from recent international summits and shifting macroeconomic expectations. The analysis points to a confluence of factors—including trade policy adjustments and central bank signals—that could weaken the greenback in the near term. What Is Driving the Correction View? DBS strategists highlight that market sentiment has shifted following high-level diplomatic meetings, where trade and currency agreements have introduced new uncertainties. The bank’s report emphasizes that the dollar’s recent strength was partly built on expectations of aggressive Federal Reserve tightening, but summit outcomes have tempered those bets. Additionally, a potential easing in geopolitical tensions could reduce safe-haven demand for the dollar. Key Economic Indicators at Play The analysis d