The post Euro steadies as Middle East strikes offsets Fed repricing appeared on BitcoinEthereumNews.com.
The Euro holds firm against the US Dollar on Wednesday as hostilities in the Middle East continued, with the US attacking Iran for the second straight day at around the Strait of Hormuz. At the time of writing, the EUR/USD trades at 1.1420, after bouncing off daily lows of 1.1391. EUR/USD holds firm as Fed minutes, Hormuz strikes lift USD The US Central Command revealed in a post that “At the direction of the Commander in Chief, US Central Command forces have started conducting additional strikes against Iran to further degrade their ability to threaten freedom of navigation in the Strait of Hormuz.” The markets reacted immediately to the headline, as risk appetite soured, as depicted by US equity markets finishing Wednesday’s session with losses. Crude prices are registering a leg up, with Western Texas Intermediate (WTI), the US Oil benchmark, up 3.57% at $74.77. Earlier, the Fede
The post Japanese Yen gains ground on intervention risks appeared on BitcoinEthereumNews.com.
The USD/JPY pair edges lower to around 162.45 during the early Asian session on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) amid fears of possible intervention from Japanese authorities. The US weekly Initial Jobless Claims report is due later on Thursday. Japan’s Finance Minister Satsuki Katayama said that Tokyo remains in regular contact with the US on foreign exchange issues and is ready to respond appropriately at any time. “The yen’s current weakness is excessive and fails to reflect the strong fundamentals of the Japanese economy, a misalignment that could prompt major central banks to launch coordinated intervention,” said Michael Nizard, head of multi-asset and overlay at Edmond de Rothschild Asset Management. According to Federal Reserve (Fed) Minutes released on Wednesday, the committee is split over whether inflation is likely to stay elevated or whether
The post Japan Money Supply M2+CD (YoY) declined to 2.2% in June from previous 2.5% appeared on BitcoinEthereumNews.com.
Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-money-supply-m2cd-yoy-declined-to-22-in-june-from-previous-25-202607082351
The post Japan Foreign Investment in Japan Stocks down to ¥-22.2B in July 3 from previous ¥-1B appeared on BitcoinEthereumNews.com.
Gold trades with a positive bias during the Asian session on Thursday and looks to build on the overnight bounce from $4,020, or a one-week low. Minutes of the June FOMC meeting showed an evenly divided debate over the monetary policy outlook and failed to impress the US Dollar bulls, which is seen supporting the bullion. However, fresh US-Iran tensions trigger a sharp recovery in Oil prices, reviving inflationary concerns and reinforcing bets for at least one Fed rate hike in 2026. This should cap the non-yielding yellow metal. Source: https://www.fxstreet.com/news/japan-foreign-investment-in-japan-stocks-down-to-y-222b-in-july-3-from-previous-y-1b-202607082350
Escalating US-Iran tensions may heighten crypto market volatility, prompting stricter sanctions enforcement and impacting global financial dynamics.
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The post Trump Strikes Iran Again—After Declaring Ceasefire ‘Over’ appeared on BitcoinEthereumNews.com.
Topline The U.S. launched its latest strikes against Iran on Wednesday, renewing military action against the country as tensions flare over control of the Strait of Hormuz and after President Donald Trump said a ceasefire reached with Iran last month was “over.” The U.S. launched renewed strikes on Iran on Tuesday in response to Iranian attacks on ships in the Strait of Hormuz. Getty Images Key Facts U.S. Central Command said the strikes are being conducted to lessen Iran’s “ability to threaten freedom of navigation in the Strait of Hormuz,” adding the U.S. is “holding Iran accountable for recent unjustified aggression against commercial shipping and civilian crews freely navigating a vital international waterway.” Trump began sharing a series of videos and photos on Truth Social showing burning buildings, saying the destruction was “retribution for yesterday’s bombing of ships by Ir
The post Trump Ends Iran Ceasefire as Stocks Fall and Oil Prices Jump appeared on BitcoinEthereumNews.com.
Financial markets retreated after President Donald Trump declared the U.S.-Iran ceasefire had effectively ended, reigniting fears of a broader Middle East conflict. Investors quickly shifted toward safer assets as concerns over energy supplies resurfaced. Consequently, U.S. equities declined, oil prices climbed, and market volatility accelerated. Around $500 billion in U.S. stock market value disappeared within hours as traders assessed the possibility of renewed military action. Besides, optimism surrounding recent diplomatic progress between Washington and Tehran faded as geopolitical risks returned to the forefront. Oil Supply Fears Drive Market Moves Trump also warned that the United States could severely damage Iran’s critical infrastructure during any future escalation. Additionally, he pointed to Kharg Island, Iran’s primary crude export terminal, after recent military ope
The post Gold declines below $4,100 as US–Iran tensions revive inflation worries, Fed rate hike bets appeared on BitcoinEthereumNews.com.
Gold price (XAU/USD) declines to around $4,075 during the early Asian session on Thursday. The precious metal extends its downside as US President Donald Trump said the ceasefire with Iran has ended, stoking concerns that a renewal of war could again drive inflation and push up interest rates. Reuters reported on Thursday that Trump stated that an interim agreement aimed at ending the conflict with Iran was “over.” Additionally, US President threatened to bomb Iran for a second day and reimpose the US naval blockade in retaliation for attacks on tankers transiting the Strait of Hormuz. “The main factor for today’s move is the increased escalation in tensions between the U.S. and Iran, with a potential ceasefire over, we’ve seen risk assets across the board trade lower, gold included,” said David Meger, director of metals trading at High Ridge Futures
The US's aggressive military and economic stance against Iran could escalate tensions, impacting global oil markets and digital finance.
The post US government retaliates against Iran, vows 20-to-1 response ratio as crypto sanctions tighten appeared first on Crypto Briefing.
