Euro trades flat despite soft European inflation

The post Malaysian Ringgit: Range-bound outlook holds against US Dollar – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Lloyd Chan notes Bank Negara Malaysia (BNM) kept the Overnight Policy Rate (OPR) at 2.75% and expects it to stay on hold through 2026, with domestic fundamentals described as broadly supportive. Recent Malaysian Ringgit (MYR) weakness has stayed below 4.15 against the US Dollar (USD), and Chan expects USD/MYR to trade broadly within a 4.00–4.20 range near term, while maintaining a neutral stance on Malaysian government securities. Ringgit seen holding broad range “In Malaysia, BNM kept the Overnight Policy Rate unchanged at 2.75% and maintained a broadly neutral policy stance.” “We expect BNM to remain on hold through the rest of 2026, as current monetary settings continue to support growth while keeping inflation manageable.” “Domestic fundamentals remain broadly supportive, underpinned by a resilient labour market, healthy investment approvals, and contained infl

The post Chinese Yuan: Reflation gap weighs against US Dollar – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank analysts highlight that China’s June Consumer Price Index (CPI) slowed to 1.0% year-on-year while Producer Price Index (PPI) rose 4.1%, widening the PPI-CPI gap and squeezing downstream margins. The PBoC acknowledged “structural divergence” between high-tech strength and weak consumption. Despite this backdrop, USD/CNY and USD/CNH both fell, reflecting some currency strength even as domestic demand remains subdued. China reflation momentum softens “China’s reflationary recovery lost further traction in June, with CPI rising 1.0% yoy (Bloomberg consensus: 1.1%) vs 1.2% in both April and May. The reading marks the slowest CPI print in three months and reinforces concerns that domestic demand remains structurally weak even as the broader economy stabilises.” “Core CPI, which excludes food and energy, also came in at 1.0% yoy against an expected 1.1%, signalling that

France's new crypto-esports sponsorship rules could redefine funding dynamics, fostering deeper integration between digital assets and gaming. The post France’s new crypto-esports sponsorship rules loom large as EWC Valorant 2026 heats up appeared first on Crypto Briefing.

Stablecoins' rise as a major Treasury buyer could reshape global finance, impacting yields and regulatory landscapes, especially in emerging markets. The post US dollar demand rises as world shifts away from Treasuries, and stablecoins are filling the gap appeared first on Crypto Briefing.

France's regulatory shift could catalyze crypto's integration into esports, potentially transforming sponsorship dynamics and fan engagement. The post France opens the door for crypto-esports sponsorships as EWC 2026 hits Paris appeared first on Crypto Briefing.

The post Singapore Dollar: Range-bound trade outlook against US Dollar – UOB appeared on BitcoinEthereumNews.com. UOB’s Quek Ser Leang notes USD/SGD remains range-bound, with intraday action expected between 1.2905 and 1.2940 as recent price moves provided no fresh directional clues. Over the next one to three weeks, the bank sees mild downward pressure as having eased, projecting a broader 1.2890–1.2990 range. On a one to three month horizon, a break above 1.3000 could target 1.3095. Dollar seen consolidating in ranges “24-HOUR VIEW: We noted “a slight increase in upward momentum,” but we pointed out that “it is insufficient to indicate a continued rise in USD.” We indicated that USD “is more likely to trade in a higher range of 1.2920/1.2960.” However, USD traded in a quiet manner between 1.2914 and 1.2938. The price action provides no fresh clues, and USD is likely to trade between 1.2905 and 1.2940 today.” “1-3 WEEKS VIEW: Our update from yesterday (09 Jul, spot at 1.2940) remains

The post AUD/USD climbs as Chinese Yuan strength supports the Aussie appeared on BitcoinEthereumNews.com. AUD/USD advances toward the 0.6960 area on Friday, supported by a softer US Dollar (USD) and renewed strength in the Chinese Yuan (CNY). The pair continues to recover on the four-hour chart, although escalating tensions between the United States (US) and Iran are limiting broader risk appetite. US President Donald Trump said on Truth Social that Iran had requested further negotiations and that Washington had agreed to continue talks. However, Trump warned that the ceasefire was “over,” raising concerns that hostilities could intensify despite diplomatic channels remaining open. Meanwhile, the Chinese Yuan strengthened to a one-week high against the US Dollar, offering additional support to the Australian Dollar given Australia’s close trade ties with China. The move followed a stronger fixing from the People’s Bank of China (PBOC), which set the USD/CNY midpoint at 6.7989, below th

The post Euro eases from one-week high as traders assess Middle East developments appeared on BitcoinEthereumNews.com. EUR/USD trims gains on Friday as the US Dollar (USD) rebounds while traders digest the latest developments in the Middle East. At the time of writing, the pair is trading around 1.1433, easing from a one-week high of 1.1460 touched earlier during the Asian session. In a post on Truth Social, US President Donald Trump said Iran had asked to continue talks and that the United States had agreed, while emphasizing that Washington had informed Tehran that the ceasefire was “over.” Trump’s remarks came after the US and Iran exchanged military strikes following attacks by Iran’s Islamic Revolutionary Guard Corps (IRGC) on commercial vessels transiting the Strait of Hormuz earlier this week. Earlier on Friday, Reuters reported that Qatari mediators are in Iran for talks aimed at creating conditions for broader negotiations. As the situation remains fluid, the US Dollar continu