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There is a certain honesty to a currency with nothing to say for itself, and the Swiss Franc spent Tuesday doing exactly that. With not one Swiss data release on the calendar this week, the Franc has no story of its own, leaving USD/CHF to drift on whatever the Dollar side of the tape serves up. The pair ground fractionally higher, extending a 2026 recovery off April’s 14-year low near 0.7750 that has been shallow and wholly borrowed from abroad. Borrowed direction from the Fed The only real pulse in USD/CHF this week comes from across the Atlantic. The Federal Reserve (Fed) has spent a month convincing markets it is likelier to hike than cut: June’s hold was a fourth straight, but the projections dropped the old easing bias and left half the committee pencilling in a 2026 hike, keeping the Dollar firm. The awkward part for Dollar bulls is that the data has begun to undercut the rhetoric. Softer US labour
The post Swiss Franc eases as hawkish Fed outlook supports US Dollar appeared on BitcoinEthereumNews.com.
USD/CHF holds modest gains on Tuesday as traders balance softer US labor market data against hawkish Federal Reserve (Fed) expectations, keeping the US Dollar (USD) range-bound. At the time of writing, the pair is trading around 0.8066, remaining on the front foot for a second consecutive day. Recent US labor market data have come in softer than expected, pointing to a gradual cooling after showing signs of improvement earlier this year. The four-week average of the ADP Employment Change eased to 21K from 24.25K. This follows last week’s disappointing June Nonfarm Payrolls (NFP) report, which showed the US economy added just 57K jobs, well below market expectations of 110K. The softer labor market data have prompted traders to scale back expectations of a near-term Fed rate hike. However, Fed officials continue to stress that inflation remains a concern. New York Fed President John
Increased US oil production may bolster energy independence but could also impact global oil markets and environmental policy debates.
The post US oil production reaches record high in April as output climbs to 13.47 million barrels per day appeared first on Crypto Briefing.
Fed hike odds near 70–77% and weak SGE withdrawals contrast with strong April imports as gold ETFs see May outflows. The debasement hedge is being repriced.
The recent surge in gold-backed ETF inflows signals a potential shift in investor sentiment, possibly stabilizing the gold market after recent outflows.
The post Gold-backed ETFs see $1.1B in inflows, largest weekly haul since April appeared first on Crypto Briefing.
Rising student loan defaults could strain consumer spending, impact credit markets, and hinder economic recovery as borrowers face financial stress.
The post US Department of Education reports student loan defaults rise to 9.2 million in April after pause ends appeared first on Crypto Briefing.
XRP withdrawals on Binance rose as traders shifted activity away from deposits, while leverage in the exchange’s derivatives market hit a yearly high. Cryptoquant-shared data showed withdrawal dominance at 53.2%, while Binance’s XRP leverage ratio reached its highest level of 2026. Binance XRP Withdrawals Climb Back Toward April Stress Zone XRP flows on Binance have […]
A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushing onchain leverage back to 2021 levels. A $13 Billion Wipeout in Days Binance Research reported that April’s decentralized finance ( DeFi) exploits triggered around $13 billion in outflows, draining total value locked (TVL) across lending […]
Ethereum (ETH) is attempting to consolidate at price levels not seen since April of last year, following a 31% decline over the monthly time frame. Trading around $1,606, ETH sits nearly 70% below its all-time high of $4,945 — and according to one indicator, the drawdown may not be over. Another 56% Drop Ahead? Market […]
