BitcoinEthereumNews·
The post Euro struggles against Canadian Dollar as oil prices rebound appeared on BitcoinEthereumNews.com. EUR/CAD depreciates after four days of losses, trading around 1.6060 during the European hours on Tuesday. The currency cross loses ground as the commodity-linked Canadian Dollar (CAD) remains firm amid higher crude oil prices. It is important to note that Canada is one of the world’s largest producers and exporters of crude oil, with its energy sector making up a massive portion of its economy. West Texas Intermediate (WTI) oil price gains ground after four days of losses, trading around $92.50 per barrel at the time of writing. Crude oil prices advance on renewed supply concerns after the United States (US) forces conducted self-defense strikes in southern Iran on Monday. A US Central Command spokesperson said that the strikes targeted missile launch sites and Iranian vessels attempting to deploy mines. While the US military emphasized its commitment to protecting its forces and
Read full articleRobinhood's acquisition of WonderFi could significantly enhance its crypto market presence in Canada, leveraging established regulatory frameworks. The post Robinhood gets Canadian regulator nod for WonderFi acquisition appeared first on Crypto Briefing.
The post USD/CAD Forecast: Holding near 1.3800 as strong supply zone caps gains appeared on BitcoinEthereumNews.com. The USD/CAD pair extends its sideways consolidative price move for the second straight day on Tuesday and holds steady near the 1.3800 mark through the first half of the European session. Mixed signals over a potential US-Iran peace deal revive demand for the safe-haven US Dollar (USD), acting as a tailwind for the currency pair. However, a goodish recovery in Crude Oil prices underpin the commodity-linked Loonie and cap spot prices. From a technical perspective, the USD/CAD pair hovers just below the 1.3810-1.3815 confluence – comprising the 50% Fibonacci retracement level of the November 2025-January 2026 downfall and the 200-day Simple Moving Average (SMA). This tight overhead resistance suggests upside attempts remain vulnerable while those levels cap on a closing basis, despite improving momentum indicators. In fact, the Relative Strength Index sits around 63, and t
The post Indian Rupee: INR stabilizes on RBI stance – DBS appeared on BitcoinEthereumNews.com. DBS Group Research economist Radhika Rao notes that the Indian Rupee has appreciated from near 97.00 to the mid-95.00 area on hopes of easing West Asia tensions, lower Oil prices, and central bank support. She highlights RBI Governor Malhotra’s comments on Rupee undervaluation, a record RBI dividend to the FY27 Budget, and limited fiscal slippage risks. Rupee supported by policy and flows “Hopes of a resolution to the West Asia tensions leading to lower oil prices, along with central bank intervention and expectations of a rate hike, have supported rupee’s appreciation over the past few sessions, from near 97.00 low to mid-95.00 on Monday, up a cumulative ~1.5%.” “RBI Governor Malhotra’s observation that the rupee appeared undervalued signalled a notable shift from the traditionally restrained approach toward commenting on currency valuation.” “Add to this, the inflation rationale has also ga
Market optimism over potential US-Iran peace could stabilize global oil prices and boost risk assets, but uncertainty still looms large. The post US Treasury yields slide as traders weigh Iran peace prospects and crypto rallies appeared first on Crypto Briefing.
Rising oil prices due to geopolitical tensions may prolong inflation, influencing central bank policies and impacting investment strategies. The post Gold slips as US-Iran tensions lift oil prices and stoke inflation fears appeared first on Crypto Briefing.
The potential Iran deal amid military actions could stabilize oil prices and global equities, but crypto markets face volatility and regulatory scrutiny. The post Marco Rubio says Iran deal still possible within days despite US strikes appeared first on Crypto Briefing.
The potential for escalated military action and economic sanctions could destabilize global markets, impacting oil prices and cryptocurrency volatility. The post Trump says Iran negotiations proceeding ‘nicely,’ warns of stronger attack if no deal is reached appeared first on Crypto Briefing.
Falling oil prices from US-Iran talks could ease inflation pressures, benefiting Asia-Pacific economies and potentially stabilizing global markets. The post Asia-Pacific markets set to rise as oil prices fall on US-Iran talks appeared first on Crypto Briefing.
