Fed: Later cuts as inflation persists – Rabobank

The post Iran’s Ghalibaf: US naval blockade and attacks on Lebanon are violation to ceasefire appeared on BitcoinEthereumNews.com. Iran’s Parliament Speaker Mohammad Bagher Ghalibaf has stated through a post on X, formerly known as Twitter, that the United States (US) naval blockade on Iranian sea ports and Israeli attacks on Lebanon could have severe consequences. “The naval blockade and escalation of war crimes in Lebanon by the genocidal Zionist regime are clear evidence of U.S. noncompliance with the ceasefire. Every choice has a price, and the bill comes due. It will all fall into place,” MB Ghalibaf wrote. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worr

The post Eurozone Unemployment Rate registered at 6.3% above expectations (6.2%) in April appeared on BitcoinEthereumNews.com. GBP/USD  struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and trades cautiously above mid-1.3400s at the start of a new week. The US Dollar regains some positive traction amid the uncertainty over a potential US-Iran peace deal and hawkish US Federal Reserve bets. This, in turn, is seen as a key factor acting as a headwind for the pair ahead of the US ISM PMI data.  Source: https://www.fxstreet.com/news/eurozone-unemployment-rate-registered-at-63-above-expectations-62-in-april-202606010900

The post United States Dollar Index (DXY) Price Forecast: Hesitation around 99.00 appeared on BitcoinEthereumNews.com. The US Dollar (USD) shows marginal gains on Monday, with risk appetite fading as tensions in the Middle East escalate and oil prices rise. The US Dollar Index (DXY), however, keeps trading in the lower range of the last two weeks’ trading band, with price action struggling to find acceptance above 99.00 ahead of a string of key US macroeconomic releases. Fresh skirmishes between the US and Iran have increased concerns about a fragile ceasefire, while US President Donald Trump is still considering signing a memorandum of understanding that would extend the ceasefire for another  60 days. Furthermore, Israel has ramped up its operations in Lebanon, adding pressure to an already strained truce. On the macroeconomic front, the US has a busy calendar ahead, starting with the ISM Manufacturing Purchasing Managers’ Index (PMI) report, due later today. These figures will frame

The post US Dollar: Stable tone as markets eye data and Warsh – MUFG appeared on BitcoinEthereumNews.com. MUFG’s Derek Halpenny notes the US Dollar is broadly stable at the start of June as markets watch US-Iran negotiations and a busy US data calendar. He highlights that a confirmed deal could allow the Federal Reserve to look through the energy shock, but stronger inflation data would complicate this and could still weigh on the Dollar via a dovish Warsh-led Fed. Dollar steadies into key US data “The US dollar is broadly stable as we start a new month with no sign of the key breakthrough needed in order to have a formal ceasefire extension agreement reached.” “But as usual, the start of a new month brings with it a lot of the key economic data prints in the US. If a deal is announced and confirmed by President Trump there may well be a greater willingness amongst Fed officials to look through the energy price shock. Still, the extent in which the crude oil price declines further will

The post Iran’s Baghaei: Constant change of US positions and Israel-Lebanon conflicts cause delay in deal appeared on BitcoinEthereumNews.com. Iran’s Foreign Ministry spokesperson Esmail Baghaei said in the European session on Monday that ‘aggressive action’ by the United States (US) is a ceasefire violation, and it led Iranian armed forces to target positions from which US attacks originated. On Israel-Lebanon conflicts, Iran’s Bahgaei said, “Ceasefire in Lebanon is integral part of any agreement to end war with US.” Bahgaei also condemned Washington’s revised terms of a peace deal, warning that they are causing a delay in the deal’s finalization. “Lack of trust, constant change of positions by US and Israeli actions in Lebanon are causing delay in diplomatic process,” Baghaei said. Regarding Iran’s attacks on Kuwait, Baghaei said, “Kuwait should clarify as soon as possible the situation of four detained Iranian citizens.” Meanwhile, Kuwait’s Foreign Ministry also condemned Iranian at

The post Crypto Market Crash: BTC, ETH, XRP Liquidations Hit $282M As US Bombs Iran appeared on BitcoinEthereumNews.com. Derivatives traders entered risk-off mode as the latest crypto market crash that intensified over the weekend. The decline in cryptocurrencies comes after the United States confirmed military strikes on Iranian targets. It even led to nearly $293 million in derivatives liquidations. Crypto Market Declines Amid US-Iran Conflict Market data indicates that Bitcoin (BTC) has experienced a drop below the crucial $73,000 level. The BTC price fell to $72,756 at press time. Meanwhile, Ethereum (ETH) is down 1.1% to $1,975. BTC price chart today. Source: TradingView On the other hand, Ripple’s XRP has seen a slight 0.3% drop to $1.30 amid the crypto market crash. The major cryptocurrencies such as Solana (SOL), Cardano (ADA) and Dogecoin (DOGE) also suffered. The crypto market crash came after a dramatic escalation between Washington and Tehran. After Iran downed an American

The post WTI Oil returns above $89.00 as tensions in the Middle East rise appeared on BitcoinEthereumNews.com. Crude prices are trading higher on Monday, with the barrel of the US benchmark West Texas Intermediate (WTI) changing hands at $89.40 at the time of writing, nearly $3 higher than last week’s closing price. Recent skirmishes between the US and Iran and the extension of the Israeli occupation in Lebanon are triggering fears of further escalation of the war. The peace process between Washington and Tehran remains stalled, with the memorandum of understanding still awaiting US President Donald Trump’s signature since Friday, and tensions in the Gulf region escalating The US announced a new wave of strikes on Iran’s Military sites, while Iranian authorities said that they targeted a US base, and Kuwait reported the interception of missiles and hostile drones.  Apart from that, Israel has stepped up its operations in Lebanon, and Prime Minister Benjamin Netanyahu announced attacks

The post Jerome Powell Warns Fed Credibility Is Under Threat appeared on BitcoinEthereumNews.com. Jerome Powell warned against removing Fed officials over policy disagreements. In his speech, Powell described the Federal Reserve as undergoing a “stress test.” Powell remains on the Fed Board of Governors until January 2028 after resigning as chair. Former Federal Reserve Chair Jerome Powell used his first public speech since leaving the top job to deliver a warning about political pressure on the US central bank. Speaking while accepting the John F. Kennedy Profile in Courage Award in Boston, Powell said the Federal Reserve is facing a “stress test” and argued that its ability to operate independently is critical to maintaining public trust. The remarks came just weeks after Powell’s term as chair ended on May 15, and Kevin Warsh took over leadership of the central bank. Powell Pushes Back Against Political Interference Powell did not mention President Donald Trump directly, but his com