Federal Reserve faces hawkish shift in rate outlook as Iran war reshapes inflation expectations

The post Canadian Dollar hits fresh monthly lows as the US Dollar rallies in risk-off markets appeared on BitcoinEthereumNews.com. The Canadian Dollar (CAD) extends losses against the US Dollar (USD) for the fourth consecutive day on Friday, with the USD/CAD pair trading in the mid-range of the 1.3700s after rallying about 0.5% so far this week. A combination of risk-off markets and higher US Treasury yields amid growing expectations of Federal Reserve (Fed) rate hikes is providing ideal conditions for Greenback buyers. The summit between US President Donald Trump and Chinese President Xi Jinping has delivered more compliments than concrete agreements, but given the controversial issues of Iran and Taiwan looming over the meeting, a friendly outcome has been considered enough to provide a further boost to the US Dollar. The Greenback has been drawing support from US macroeconomic data this week, as the strong US inflationary numbers, coupled with resilient Retail Sales figures, have pr

Rising rate hike odds could disrupt investment strategies, impacting high-growth sectors and crypto, necessitating strategic repositioning. The post Markets raise odds for Federal Reserve rate hike after inflation report appeared first on Crypto Briefing.

Rising ECB rates amid geopolitical tensions could trigger inflation control challenges, impacting eurozone growth and financial market stability. The post European Central Bank rate hikes increasingly likely due to Iran war, says Nagel appeared first on Crypto Briefing.

The post Euro refreshes monthly low against US Dollar as traders price out dovish Fed bets appeared on BitcoinEthereumNews.com. The Euro (EUR) trades sharply lower against the US Dollar (USD) around 1.1630 during the European trading session on Friday, the lowest level seen in over a month. The EUR/USD pair faces intense selling pressure as the US Dollar (USD) outperforms across the board due to firm expectations that the Federal Reserve (Fed) will not cut interest rates this year. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.32% 0.41% 0.05% 0.20% 0.86% 1.00% 0.25% EUR -0.32% 0.08% -0.26% -0.13% 0.54% 0.72% -0.06% GBP -0.41% -0.08% -0.34% -0.21% 0.46% 0.62% -0.15% JPY -0.05% 0.26% 0.34% 0.16% 0.80% 0.96% 0.20% CAD -0.20% 0.13% 0.21% -0.16% 0.64% 0.78% 0.05% AUD -0.86% -0.54% -0.46% -0.80% -0.64% 0.17% -0.61% NZD

The post Brent: Supply risk keeps prices elevated – Deutsche Bank appeared on BitcoinEthereumNews.com. Deutsche Bank’s macro strategy team notes that Brent Oil remains supported by geopolitical tensions and supply concerns. Comments from President Trump about the Strait of Hormuz have reinforced fears of a prolonged disruption, driving prices higher overnight. While Brent was little changed in the previous session, late gains contributed to a more hawkish repricing of Federal Reserve expectations. Geopolitics and Fed repricing drive Oil “As we go to press this morning, markets have lost momentum after President Trump said the US doesn’t need the Strait of Hormuz open “at all”. So that’s added to fears that the Strait will remain blocked for some time, leading to a more protracted energy shock for the global economy.” “Indeed, Brent crude oil prices are up another +1.21% overnight to $107.00/bbl.” “In the meantime, oil prices were little changed yesterday, with Brent crude (+0.09%) clos

The post Forex Today: US Dollar extends rally on hawkish Fed repricing appeared on BitcoinEthereumNews.com. Here is what you need to know on Friday, May 15: The US Dollar (USD) Index extends its rally and remains on track to post its largest weekly gain in two months as markets reassess the Federal Reserve’s (Fed) policy outlook. In the second half of the day, the US economic calendar will feature Industrial Production data for April and NY Fed’s Empire State Manufacturing Index for May. Following the stronger-than-forecast consumer and producer inflation data earlier in the week, US Treasury bond yields rose sharply and boosted the USD. As of writing, the benchmark 10-year US T-bond yield was sitting at its highest level in nearly a year above 4.5%, while the USD Index was up 1.3% for the week at 99.10. According to the CME FedWatch Tool, markets are currently pricing in about a 50% probability of the Fed raising the policy rate at least once by end-2026. In the meantime, US stock ind

The Fed's bid for 10-year notes could shift capital flows, impacting borrowing costs and risk asset valuations, including cryptocurrencies. The post Federal Reserve bids $10B for 10-year notes, and crypto markets should pay attention appeared first on Crypto Briefing.

The post US Dollar Index (DXY) rallies above 99.00 amid soaring US yields appeared on BitcoinEthereumNews.com. The US Dollar (USD) is outperforming this week, fuelled by higher US Treasury yields as solid macroeconomic data and high inflationary pressures have boosted expectations of Federal Reserve (Fed) rate hikes later in the year. The US Dollar Index (DXY), which measures the value of the Dollar against a basket of peers, is trading at five-week highs, at 99.20, at the time of writing, on track for its best weekly performance in two months, after rallying about 1.30% in the last five days. US Retail Sales data released on Thursday revealed that consumption remained resilient in April, and weekly Initial Jobless Claims provided further signals of a stabilising labour market, despite the war in the Middle East. Consumer and producer inflation data released earlier in the week, on the other hand, have shown that the impact of the energy shock has been stronger than expected. These fig