The post Japanese Yen stays subdued below 161.90 as Fed caution limits Dollar weakness appeared on BitcoinEthereumNews.com.
USD/JPY trades slightly negative below the 161.90 area as the Japanese Yen (JPY) finds modest support, while the US Dollar (USD) remains underpinned by cautious remarks from New York Fed President John Williams and lingering inflation concerns. The latest United States (US) labor data showed that the ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to a softer pace of private hiring. The figure suggests that labor market momentum is cooling, which could normally weigh on the Greenback. However, the USD avoided a deeper pullback as investors continued to price in a Federal Reserve (Fed) focused on supressing inflation. Williams said the US economy continues to expand at a steady, trend-like pace, while the labor market remains stable. However, he warned that inflation is still elevated, reinforcing the need for the Fed to keep policy restrict
The post Singapore Dollar: Upside risk stays contained against US Dollar – UOB appeared on BitcoinEthereumNews.com.
United Overseas Bank’s (UOB) Quek Ser Leang notes USD/SGD closed almost unchanged near 1.2924, but short-term momentum has turned slightly lower. Leang expects intraday price action to stay within 1.2900–1.2935, while over the coming weeks the risk of a break below 1.2890 is increasing, with another firm support at 1.2875 and strong resistance at 1.2955 capping the topside. Downward bias with range constraints “24-HOUR VIEW: Yesterday, we indicated that USD “is likely to trade in a range between 1.2900 and 1.2935.” While USD traded within a higher range than expected (1.2913/1.2938), it closed largely unchanged at 1.2924 (+0.04%). While there has been a slight increase in downward momentum, this is likely to lead to USD trading in a lower range of 1.2900/1.2935 rather than a sustained decline.” “1-3 WEEKS VIEW: We have expected USD to trade in a range since early last wee
The post Forex Today: US Dollar steadies as Williams keeps inflation caution alive appeared on BitcoinEthereumNews.com.
Here is what you need to know on Wednesday, July 8: The US Dollar Index (DXY) trades near the 101.00 area, recovering modestly after two days of running in place as investors digest softer US labor data and cautious comments from Federal Reserve (Fed) officials. The latest ADP Employment Change 4-week average eased to 21K from 24.25K, pointing to slower private hiring momentum. However, the Greenback maintained its ground as New York Fed President John Williams said that inflation remains too high, but added that monetary policy is well-positioned and future decisions will depend on incoming data. 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 Swiss Franc. USD EUR GBP JPY CAD AUD NZD CHF USD 0.23% 0.24% 0.00% -0.04% 0.34% 0.34% 0.38% EUR -0.23% -0.01% -
Market uncertainty persists as split Fed committee fuels speculation, impacting financial strategies and economic forecasts for 2026.
The post Fed maintains rates; market speculates on 2026 hike amid split committee appeared first on Crypto Briefing.
The post Vietnam: Supportive stance as inflation risks recede – DBS appeared on BitcoinEthereumNews.com.
DBS Group Research economist Chua Han Teng expects the State Bank of Vietnam to keep its refinancing rate at 4.50% through end-2026. The report highlights a broadly stable Vietnamese Dong against the US Dollar, easing headline inflation, and strong GDP growth. DBS raises its 2026 growth forecast to 8.0% as supportive monetary policy is maintained. SBV seen holding rates to 2026 “The State Bank of Vietnam (SBV) kept its refinancing rate unchanged at 4.50% in 1H26, and we expect this steady stance to extend until the end of 2026.” “Although the Vietnamese dong has been hovering on the weaker end of its trading band against the US dollar in 2Q26, it has remained broadly stable with a slight appreciation bias, despite bouts of regional FX volatility driven by Middle East tensions and hawkish re-pricing of US Fed interest rate expectations.” “At the same time, headline inflation eased an
The research underscores the importance of institutional health in preventing bank failures, influencing future regulatory and transparency standards.
The post New York Fed research shows financial institutions’ health is key to bank runs, not panic appeared first on Crypto Briefing.
The post Pound Sterling Price News and Forecast: GBP/USD slips as Hormuz attacks revive USD demand appeared on BitcoinEthereumNews.com.
British Pound slips as Hormuz attacks revive USD demand The Pound Sterling (GBP) retreats against the US Dollar (USD) on Tuesday as tensions in the Middle East rise, following reports of attacks on two ships in the Strait of Hormuz. The GBP/USD pair trades at 1.3373, down 0.11%. Read More… British Pound gains as easing Fed hike bets weigh on US Dollar GBP/USD continues its winning streak for the ninth consecutive day, trading around 1.3390 during the Asian hours on Tuesday. The currency pair rises as the US Dollar (USD) faces headwinds as market participants scale back expectations for Federal Reserve (Fed) rate hikes this month and in September. This shift in sentiment followed a cooling employment report that revealed fewer jobs added across April, May, and June than Wall Street had anticipated. Read More… Pound Sterling rallies into its own coronati
The post USD/CAD Price Forecast: Buyers retain the upper hand even as momentum weakens appeared on BitcoinEthereumNews.com.
USD/CAD edges lower on Tuesday even as the US Dollar (USD) holds firm, with the Canadian Dollar (CAD) drawing support from a modest rebound in crude Oil prices following renewed attacks on commercial vessels near the Strait of Hormuz. At the time of writing, the pair is trading around 1.4188. West Texas Intermediate (WTI) crude Oil is trading around $70.30, up nearly 2.50% on the day. Meanwhile, the US Dollar Index (DXY), which tracks the Greenback’s value against a basket of six major currencies, is treading water near 101.00. However, diverging monetary policy expectations between the Federal Reserve (Fed) and the Bank of Canada (BoC) could limit further gains in the Canadian Dollar (CAD). Markets continue to expect the Fed to raise interest rates later this year to bring inflation back to its 2% target, even as softer-than-expected US labor market data have red
The post FOMC Minutes: Why the S&P 500 Needs Rate-Cut Patience appeared on BitcoinEthereumNews.com.
It’s minutes week. The Fed will open the hood on its June meeting, and stocks will try to figure out if the engine’s still running smooth or starting to ping. If you care about the S&P 500 holding its massive Q2 run, this one matters. We’ll break down what in the minutes can shake equities, why “patient cuts” beat “fast pivots,” and how jobs, inflation, yields, and the dollar tie together. You’ll get a plain checklist for release day, a sector map for different rate paths, and a read-through for crypto risk. Quick heads-up on timing: the June 16–17, 2026 FOMC minutes hit on Wednesday, July 8 at 2:00 p.m. Eastern. Mark the clock. That’s straight from the Fed’s calendar Federal Reserve (FOMC calendar). The S&P 500’s rally still leans on a slow, steady path to rate cuts rather than an urgent pivot. The market wants confirmation that inflation risks are easing enough to trim rates later this
