The post Euro remains pinned at one-year lows against the British Pound as Euro Area inflation moderates appeared on BitcoinEthereumNews.com.
The Euro (EUR) remains on the defensive against the British Pound (GBP) on Friday, with the EUR/GBP pair unable to take off from one-year lows at the 0.8515 area. Data from Germany and France confirmed that inflationary pressures moderated in June, which added pressure on the common currency. In Germany, the final Harmonized Index of Consumer Prices (HICP) confirmed previous estimations showing that inflation grew at a 2.4% year-over-year (y-o-y) rate in June, down from 2.7% in May and from April’s 2.9% peak. Monthly inflation contracted 0.2%, also in line with preliminary estimations, following a 0.1% contraction in May. Likewise, France’s Consumer Price Index (CPI) confirmed that yearly inflation eased to a 2% y-o-y rate in June, from the 2.8% reading witnessed in May. Monthly inflation contracted at a 0.3% pace, following a 0.1% uptick in the
The post Euro slips as soft Eurozone inflation, Japan pension shift lift Yen appeared on BitcoinEthereumNews.com.
EUR/JPY trades around 184.95 on Friday at the time of writing, down 0.35% on the day, as the Japanese Yen (JPY) benefits from renewed demand following the government’s announcement of a potential shift toward greater domestic investment. At the same time, confirmed signs of easing inflation in Germany and France continue to weigh on the Euro (EUR). Final data released on Friday confirmed that inflationary pressures continue to moderate across the Eurozone. In Germany, the Harmonized Index of Consumer Prices (HICP) rose 2.4% YoY in June, down from 2.7% in May, while monthly prices declined by 0.2%. In France, the Consumer Price Index (CPI) also slowed to 2% YoY from 2.8% in May, with prices falling 0.3% on a monthly basis. These figures reinforce expectations that the European Central Bank (ECB) will leave interest rates unchanged at its July meeting as policymakers assess d
The post Euro: Yield spreads hint at recovery against US Dollar – MUFG appeared on BitcoinEthereumNews.com.
MUFG’s Derek Halpenny highlights that European Central Bank (ECB) minutes added little new information but confirmed openness to another rate hike, consistent with MUFG’s call for a 25bp move in September. Despite the Euro being July’s weakest G10 currency, a turning 2-year yield spread and potential US yield declines could support renewed EUR/USD upside in coming weeks. ECB stance and yields guide Euro outlook “The ECB will be certainly less concerned over longer-term inflation expectations becoming un-anchored with the 5y5y inflation swap rate having declined since the initial ceasefire was agreed.” “If crude oil and/or natural gas prices were to rebound sharply then risks will rise of course but at this point longer-term inflation expectations remain well anchored.” “In that context we see continued risks of the ECB acting again consistent with our current forecast of another
The post British Pound retreats from multi-year highs as JPY strengthens appeared on BitcoinEthereumNews.com.
The GBP/JPY cross attracted heavy selling on Friday, snapping a two-day winning streak to the highest level since January 2008, around the 218.00 mark set the previous day. The intraday descent drags spot prices below the 217.00 mark during the first half of the European session amid a broadly firmer Japanese Yen (JPY). The Japanese Yen (JPY) rallies across the board after Japan’s Finance Minister Satsuki Katayama said that the government plans to encourage pension funds to increase their holdings of domestic financial assets. She added that the government anticipates gradual increases in interest rates as it pursues a proactive fiscal policy stance, and that she wants to speed up discussions on expanding JGB products aimed specifically at households. A larger and steadier base of long-horizon domestic buyers could help absorb increased bond issuance tied to Japan’s fiscal expa
The post British Pound surrenders early gains as US Dollar regains ground appeared on BitcoinEthereumNews.com.
The British Pound (GBP) gives back its early gains and turns almost flat around 1.3410 against the US Dollar (USD) during the European trading session on Friday. The GBP/USD pair falls back as the US Dollar regains ground amid fears that the restart of the war between the United States (US) and Iran would last long. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD -0.02% -0.03% -0.44% -0.00% -0.04% -0.21% -0.06% EUR 0.02% -0.01% -0.41% 0.02% -0.03% -0.19% -0.04% GBP 0.03% 0.01% -0.39% 0.03% -0.02% -0.17% -0.04% JPY 0.44% 0.41% 0.39% 0.44% 0.40% 0.21% 0.36% CAD 0.00% -0.02% -0.03% -0.44% -0.04% -0.21% -0.07% AUD 0.04% 0.03% 0.02% -0.40% 0.04% -0.17% -0.06% NZD 0.21% 0.19% 0.17% -0.21% 0.21% 0.17% 0.13% CHF 0.06% 0.04%
Mbappe's performance highlights the volatile intersection of sports and crypto, where unauthorized tokens surge, reflecting speculative trading trends.
The post Mbappe’s World Cup heroics fuel Solana meme token frenzy as France beats Morocco appeared first on Crypto Briefing.
The rise of crypto prediction markets in sports could face regulatory challenges, impacting their growth and acceptance as financial tools.
The post France’s World Cup run highlights growing intersection of sports and crypto prediction markets appeared first on Crypto Briefing.
The post Polymarket Golden Ball market stays 50-50 as World Cup quarter-finals loom appeared on BitcoinEthereumNews.com.
Ted Hisokawa
Jul 10, 2026 08:03
With World Cup quarter-finals now framed as tense, high-stakes tests like Spain vs Belgium and France vs Morocco, attention is turning to who can shine on the biggest stage.
Polymarket Golden Ball market stays 50-50 as World Cup quarter-finals loom Polymarket Holds Golden Ball Odds Flat as World Cup Quarter-Final Catalysts Fail to Create a Favorite Polymarket’s “World Cup: Golden Ball Winner” market is printing a dead-even leaderboard, with the current leading outcome (Player A) at 50% on about $3,979,003 in volume. The quarter-final news cycle is the obvious catalyst to watch, but the market’s pricing is still signaling maximum uncertainty rather than a breakout favorite. Key Takeaways Prediction: Player A is the leading outcome at 50% implied odds (with other listed players also at 50%). Basis: Despite quarter-final
The post British Pound: Upside risk toward resistance against US Dollar – UOB appeared on BitcoinEthereumNews.com.
According to UOB’s Quek Ser Leang, GBP/USD’s sharp rebound has left scope to test major resistance at 1.3445, though a clear break is seen as unlikely in the near term. Short-term support lies at 1.3390 and 1.3360. Over one to three weeks, strengthened momentum could open 1.3480 if 1.3445 gives way, while broader ranges dominate over months. Pound testing key resistance band “24-HOUR VIEW: GBP fell to 1.3315 on Wednesday and then rebounded strongly. When GBP was at 1.3390 in the early Asian session yesterday, we highlighted that “the sharp rebound appears to be overdone, but there is a chance for GBP to test 1.3420 before the risk of a pullback increases.” We added, “the major resistance at 1.3445 is unlikely to come into view.” GBP then rose to 1.3430, pulled back to 1.3381 before moving back up to close at 1.3409 (+0.14%). While there has been no clear increase in upward
