The post Polish Zloty: Dovish NBP tone risks downside – ING appeared on BitcoinEthereumNews.com.
ING economists Rafal Benecki and Adam Antoniak argue that reduced prospects of further tightening by the European Central Bank (ECB) and Federal Reserve (Fed) should ease external pressure on the Zloty. However, they warn that market concerns over a potentially more dovish National Bank of Poland (NBP) are PLN-negative, and with Euro adoption distant, any softening in NBP rhetoric could pose greater downside risks compared with the Forint’s convergence support. PLN vulnerable to softer NBP tone “As the likelihood of further rate hikes from the European Central Bank has diminished and additional monetary tightening by the Federal Reserve this year appears increasingly doubtful, the external negative pressure on the zloty should diminish.” “Still, the FX market appears worried that the NBP may turn more dovish soon, which is PLN negative.” “By contrast, the National Bank of Hungary’s dovish r
The post Fed’s Williams: “Monetary policy is in a good place” appeared on BitcoinEthereumNews.com.
Federal Reserve (Fed) Bank of New York President John Williams said on Tuesday that the United States (US) economy continues to show steady, trend-like growth, while the labor market remains stable. Speaking in an interview with Fox Business, Williams noted that monetary policy is well positioned to achieve the Fed’s goals, although future decisions will depend on incoming data and risks. Key takeaways: Williams said he sees steady trend-like growth for the US economy. The job market is showing stability, with risks looking pretty balanced. The retreat in energy prices is good news and should continue to cool inflation. Inflation is still quite high, but Williams feels more positive about the near-term outlook due to lower energy prices. The Fed is likely near the peak impact of tariffs. Monetary policy is well positioned to achieve the Fed’s goals. What happens next with monetary policy
The post Euro holds steady as traders assess Fed and ECB interest rate paths appeared on BitcoinEthereumNews.com.
EUR/USD trades in a narrow range on Tuesday as traders await greater clarity on the Federal Reserve’s (Fed) and European Central Bank’s (ECB) interest rate paths. At the time of writing, EUR/USD is trading around 1.1436, little changed on the day. Inflation risks have moderated as Oil prices have fully unwound their US-Iran war-driven rally following last month’s interim peace agreement, which reopened shipping through the Strait of Hormuz. However, policymakers on both sides of the Atlantic continue to signal that monetary policy is likely to remain restrictive in the coming months, with inflation running above their respective 2% targets. ECB Governing Council member Fabio Panetta said on Tuesday that the “outlook remains fragile,” adding that “upside inflation and downside growth risks remain.” ECB Governing Council member Pierre Wunsch said on Monday that “it seems that
Central banks' shift from the US dollar signals a move towards a multipolar monetary system, with increased reliance on gold and the euro.
The post OMFIF survey shows central banks planning to cut US Dollar exposure for first time ever appeared first on Crypto Briefing.
The post Euro: ECB support limited by spreads – NBC appeared on BitcoinEthereumNews.com.
National Bank of Canada ’s (NBC) Stéfane Marion and Kyle Dahms note the Euro (EUR) fell toward 1.13 in June despite a more hawkish European Central Bank (ECB), underscoring that EUR/USD remains driven by relative rates. Widening 2-year Bund–Treasury spreads weigh on the pair, while speculative positioning is now more balanced. They target EUR/USD at 1.18 by year-end, assuming broad Dollar moderation as Fed repricing matures. Euro needs Dollar relief “The euro has weakened despite a more hawkish ECB, reinforcing that EUR/USD remains mostly a relative-rates story. Short-term spreads have moved against the common currency, while softer inflation reduces the need for a more aggressive ECB response. Still, positioning is now less stretched than a quarter ago.” “In the near term, the euro still needs dollar relief to reach our year-end target.” “Short-term yield spreads remain the clearest headwind. The
The post ECB gives eurozone banks until October to draft AI cyber defenses appeared on BitcoinEthereumNews.com.
Big-time lenders in the eurozone have until October 31 to present an action plan to the European Central Bank (ECB), according to an order from the regulator to ensure that the region’s biggest lenders all score passing grades on their preparedness to defend against AI-driven cyberattacks. The warning from the apex bank on the Old Continent arrives as the newest AI models have routinely gotten better at finding and exploiting software flaws faster than anyone can patch them, as noted in earlier Cryptopolitan reports. Which European banks need to come up with AI action plans? The ECB instruction that became public on July 7 was sent as letters to bank chief executives. However, the missive matters to every stakeholder, including anyone who moves money through the European financial system. Claudia Buch, who sits at the head of the ECB’s supervisory board, told CEOs to spell
This shift may alter global financial stability, influence currency valuations, and reshape international economic power dynamics.
The post Central banks to cut US dollar holdings, boost gold and euro reserves: Reuters appeared first on Crypto Briefing.
XRPPower integrates AI analysis, automated management, and risk monitoring as investors explore new digital finance solutions amid global market uncertainty. Entering 2026, global financial markets remain highly focused on the Federal Reserve’s interest rate policy. In recent years, the Fed…
Bitcoin has held above $63,000 after last week’s macro-driven rebound, but traders are now weighing expectations of Federal Reserve rate cuts against rising geopolitical tensions and mounting technical resistance. According to data from crypto.news, Bitcoin (BTC) price traded around $63,100…
