Silver Price Forecast: XAG/USD rebounds above $58.00 despite inflation fears

Warsh's testimony could redefine the Fed's approach to digital assets, influencing future monetary policy and regulatory frameworks. The post Federal Reserve Chair Kevin Warsh to testify on monetary policy July 15 appeared first on Crypto Briefing.

The post Gold ETFs Lose $8.9 Billion in June as Global Outflows Accelerate appeared on BitcoinEthereumNews.com. Investors pulled $8.9 billion from gold exchange-traded funds (ETFs) in June, with North American products accounting for $5.5 billion of the withdrawals as bullion’s price slide deepened. The monthly retreat came as gold recorded its fourth straight losing month. The metal fell 11.7% as a hawkish Federal Reserve and Middle East tensions steered investors away from the metal. Gold ETF Outflows Accelerated in June According to the World Gold Council report, total assets under management fell 13% to $526 billion in the month. In addition, holdings dropped 74 tonnes to 4,047 tonnes. The selling followed a sharp price pullback that reset investor allocations. During the month, New Fed Chair Kevin Warsh signaled a hawkish stance, and the US-Iran conflict lifted inflation fears. Together, they raised expectations of higher rates ahead. Rising real yields and a stronger dollar incre

The post Swiss Franc gains as Fed policy uncertainty drags down US Dollar appeared on BitcoinEthereumNews.com. USD/CHF remains subdued for the second successive day, trading around 0.8070 during the Asian hours on Thursday. The pair faces challenges as the US Dollar (USD) struggles following the release of Wednesday’s Federal Reserve (Fed) Meeting Minutes. During Kevin Warsh’s debut meeting as FOMC Chairman on June 16-17, policymakers were split: while many participants noted the benchmark rate would likely finish the year unchanged or slightly below its current 3.6% level, an equally vocal contingent argued that rates would need to move higher by year-end. This geopolitical friction has reinforced expectations that the Fed may lock in higher interest rates for longer to combat stubborn price pressures. According to the CME FedWatch tool, swap traders have raised the probability of a rate hike at the next Fed meeting to over 30%, a sharp jump from less than 20% just last week. However,

Iran's accusations against NATO could strain international relations, potentially impacting global oil markets and diplomatic alliances. The post Iran accuses NATO of complicity as US-Israeli strikes continue and casualties mount appeared first on Crypto Briefing.

The post Fed Blames AI Demand Boom for Rising US Inflation appeared on BitcoinEthereumNews.com. Federal Reserve officials were split last month on whether to increase interest rates or keep them steady, with many seeing accelerating demand for artificial intelligence as a driver of inflation, according to meeting minutes released on Wednesday. The minutes covered the first monetary policy meeting under Fed Chair Kevin Warsh. Many Federal Open Market Committee members said that “ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity,” according to the minutes.   AI-related inflationary pressure, colloquially known as “chipflation,” stems from the rising cost of semiconductors used by data centers. This surge in demand, along with data center competition for energy, has pushed up consumer prices for a wide range of electronic goods, devices and power, and may continue as AI demand increases. Higher inflation is g

The post US-Iran strikes rattle Hormuz; Polymarket puts July normalization odds at 4.5% appeared on BitcoinEthereumNews.com. Ted Hisokawa Jul 09, 2026 04:03 Early Thursday, the U.S. launched new airstrikes on Iran, and Iran fired missiles affecting Bahrain, Kuwait and Qatar, raising doubts about any interim deal and the status of the Hormuz ceasefire. US-Iran strikes rattle Hormuz; Polymarket puts July normalization odds at 4.5% U.S. Airstrikes on Iran Push Polymarket Odds of Strait of Hormuz Normalizing by July 31 Down to 4.5% U.S. airstrikes on Iran and Tehran’s reported missile fire toward Bahrain, Kuwait and Qatar have sharpened concerns about security around the Strait of Hormuz, a key route for commercial shipping. On Polymarket, traders have sharply reduced the odds that Strait of Hormuz traffic returns to normal by July 31, pushing the contract’s Yes price down to 4.5%. Key Takeaways Polymarket prices a 95.5% chance of “No” on Strait of Hormuz traffic returnin

Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve policymakers said.

The post Canadian Dollar gains ground on surging Oil, rising BoC hike bets appeared on BitcoinEthereumNews.com. The USD/CAD pair loses ground to near 1.4165 during the Asian trading hours on Thursday. A rise in crude oil prices provides some support to the commodity-linked Canadian Dollar (CAD) against the US Dollar (USD). Traders await the US weekly Initial Jobless Claims report later on Thursday. Axios reported that the US strikes hit a rail line in Golestan province in northeastern Iran, near the border, using cruise missiles. It marked the first US strike on Iranian infrastructure since the ceasefire took hold. Iran said multiple US artillery shells struck a railway bridge west of Aghala in Golestan early Thursday, triggering several explosions. Earlier, US President Donald Trump said an interim agreement to end the war with Iran was “over.” Iranian Parliament speaker Mohammad Bagher Ghalibaf warned Washington that any U.S. military action will prompt retaliation. It is worth notin