Euro: Technical break points to 1.160 test versus US Dollar – ING

The post Asia FX: Diverging paths under Dollar strength – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Lloyd Chan highlights that external pressures on Asia FX persist as the US Dollar and US Treasury yields stay firm, with markets fully pricing another Fed hike by October. He notes that most Asian currencies have weakened against the Dollar since the June FOMC, but domestic fundamentals and central bank actions are set to drive divergent performances across the region. Regional currencies under external pressure “Most Asian currencies have weakened against the US dollar since the 18 June FOMC meeting.” “In Indonesia, rupiah volatility has eased considerably following Bank Indonesia’s intensified support measures, including policy rate hikes and higher SRBI yields. Nonetheless, the rupiah remains sensitive to higher US yields.” “Meanwhile, the domestic macro backdrop has become somewhat less supportive. Manufacturing activity contracted in June, exports fell 5.8%yoy, the trade bala

The post Euro: Energy repricing shapes outlook against US Dollar – ABN AMRO appeared on BitcoinEthereumNews.com. ABN AMRO’s Georgette Boele notes that the Euro’s relationship with energy prices has evolved, with recent Oil and Gas gains again weighing on EUR/USD. Earlier in the US-Iran conflict, higher energy prices hurt the Euro (EUR), but later the pair became more driven by Federal Reserve (Fed) and European Central Bank (ECB) expectations. She now sees EUR/USD guided by central bank expectations, yield spreads and Eurozone energy risks. Euro sensitivity returns to energy moves “At the start of the US-Iran conflict, higher energy prices weighed on the euro against the US dollar. During the conflict, however, EUR/USD became less sensitive to energy prices and more sensitive to expectations for the Fed and the ECB.” “When a Memorandum of Understanding was announced, energy prices fell sharply, but the euro gained little against the US dollar because markets were focused on expectation

The post New Zealand Dollar: RBNZ hike underpins kiwi – ING appeared on BitcoinEthereumNews.com. ING’s Francesco Pesole reports that the Reserve Bank of New Zealand (RBNZ) raised rates to 2.50%, delivering a more hawkish message than expected and signalling further tightening is likely. He notes consensus within the Committee, sees another hike around September or October, but stresses dovish risks later in 2026 and maintains a 0.59 NZD/USD target by year-end. Further tightening signalled by rbnz “The Reserve Bank of New Zealand hiked rates by 25bp to 2.50% today, in line with our call. The accompanying message had a more hawkish tone overall than we had anticipated, though. The statement reads that further hikes “appear likely at upcoming meetings”, even if their timing is “highly uncertain”.” “There is still plenty of uncertainty around the inflation outlook, but the Bank stressed how non-tradable inflation had been persistent even before the war.” “We had suspected a close vote spli

The post XRP and Ripple USD Cross 1-Million AI Milestone: Inside the New Agent Economy on XRPL appeared on BitcoinEthereumNews.com. A fundamentally new driver of long-term value has quietly formed inside the XRP Ledger (XRPL), as according to the latest on-chain metrics, the volume of commercial transactions executed exclusively by artificial intelligence via the x402 protocol has officially surpassed 1,000,000 transactions. The historic milestone became clear alongside today’s launch of the XRPL AI Hub platform by t54 and the XRP Ledger Foundation (XRPLF). This event forces a new look at the fundamental utility of XRP and the Ripple USD stablecoin. Number of XRP and RLUSD settlements by AI agents, Source: XRPL AI Hub The published statistics break the myth that the use of crypto assets in the AI sector is limited to chaotic testing. At the moment, the registry has recorded 121 active merchants, but more than 77% of the entire million-transaction volume is distributed among three major

The post Australian Dollar remains pressured amid Trump comments appeared on BitcoinEthereumNews.com. AUD/USD trades under pressure near 0.6920 on Wednesday, following the US Dollar (USD) holding firm amid geopolitical risk and caution ahead of the Federal Open Market Committee (FOMC) Minutes. The Australian Dollar (AUD) struggled to gain traction as investors moved toward the Greenback after United States (US) President Donald Trump said the interim memorandum of understanding with Iran was “over,” adding that he did not want to engage with Tehran. Trump also added to broader uncertainty after saying he had ordered Treasury Secretary Scott Bessent to cut off all trade with Spain, calling Madrid a “terrible partner” in NATO. Although the direct impact on AUD/USD is limited, the comments reinforced a risk-off tone across markets, weighing on growth-sensitive currencies such as the Aussie. On the China side, investors will keep a close eye on the upcoming Consumer Price Index (CPI) data,

The post US Dollar Index: Hawkish Fed minutes may support greenback – ING appeared on BitcoinEthereumNews.com. ING’s Francesco Pesole notes that recent equity jitters and firm Oil prices have underlined the Dollar’s safe-haven appeal, while markets look to the June Federal Open Market Committee (FOMC) minutes. He argues the Federal Reserve’s (Fed) hawkish shift and Dot Plot have kept the Dollar supported, and expects US Dollar Index (DXY) to trade largely rangebound with modest upside risks in the near term. Fed minutes seen cementing hawkish stance “Equity jitters offered the dollar some support yesterday – a reminder of the greenback’s very strong safe-haven appeal despite the concentration of AI-sensitive stocks in US indices. Oil prices are also trading on the strong side after some overnight military action in Iran and the Treasury revoking the waiver that allowed Teheran to sell crude. Markets will keep monitoring the situation but have tended to fade Middle East re-escalation ri

Rising US-Iran tensions may hinder diplomatic progress, affecting nuclear negotiations and reducing chances of sanctions relief by 2026. The post US dollar strengthens amid rising US-Iran tensions and military actions appeared first on Crypto Briefing.

The post Silver falls as Trump renews Iran threats, Fed Minutes eyed appeared on BitcoinEthereumNews.com. Silver (XAG/USD) extends its decline on Wednesday and trades around $58.45 at the time of writing. The white metal remains under pressure after comments from US President Donald Trump revived concerns about renewed conflict in the Middle East, supporting the US Dollar (USD) and US Treasury yields. Donald Trump said that the memorandum of understanding aimed at ending the conflict with Iran is now “over,” adding that he no longer wants to negotiate with Tehran. He also stated on Wednesday that the United States (US) could launch new strikes against Iran as early as tonight, saying a deal is not necessary and raising the possibility of targeting strategic infrastructure, including the country’s electricity grid, water treatment facilities and Kharg Island, Iran’s main Oil export terminal. This renewed escalation has increased concerns about disruptions to global Oil supplies, with th