The post United States Dollar Index gathers strength above 99.00 on US-Iran truce deal uncertainty appeared on BitcoinEthereumNews.com.
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.05 during the Asian trading hours on Monday. The DXY holds positive ground surrounding the US-Iran peace deal. The US ISM Manufacturing Purchasing Managers Index (PMI) report will be published later on Monday. Iranian Foreign Minister Abbas Araghchi said on Sunday that talks and message exchanges with Washington were ongoing, but stressed that no assessment of negotiations could be made until a clear outcome was reached, per the BBC. On Monday, US President Donald Trump requested that edits be made to the US-Iran deal aimed at bringing an end to fighting that began earlier this year, the BBC reported on Sunday. The changes are related to the Strait of Hormuz and the removal of highly enriched uranium. Th
The post Kuwaiti military reports missile and drone attack appeared on BitcoinEthereumNews.com.
Kuwait’s armed forces said that the country’s air defense systems were intercepting hostile missile and drone attacks after air raid sirens sounded and emergency alerts were issued nationwide, the Guardian reported on Monday. US Central Command (Centcom) stated that it struck targets in Iran over the weekend, in a statement that came just minutes after it announced it was under attack. Meanwhile, Iran’s Islamic Revolutionary Guards Corps (IRGC) said that it targeted an airbase used by the US to launch an attack on Sirik Island in southern Iran. Sirik Island is located in the Strait of Hormuz. The IRGC added that the US was targeting a telecoms tower on the island. Market reaction Crude oil prices attract some buyers following this headline. At the time of writing, the West Texas Intermediate (WTI) is up 2.05% on the day at $88.62. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on internat
The diplomatic strain may hinder US-Mexico cooperation, potentially affecting future extraditions and escalating anti-cartel operations.
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Geopolitical tensions and oil price volatility are reshaping market dynamics, influencing inflation expectations and crypto valuations.
The post US dollar steadies as markets await Iran war signals and central bank moves appeared first on Crypto Briefing.
The post Gold holds below two-week top as Iran risks and hawkish Fed lift USD appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) kicks off the new week on a subdued note and remains on the back foot below a two-week top, around the $4,600 neighborhood, touched on Friday. Persistent geopolitical uncertainties, along with hawkish US Federal Reserve (Fed) expectations, help the US Dollar (USD) regain positive traction, which, in turn, is seen as a key factor acting as a headwind for the commodity. The precious metal, however, manages to hold above the $4,500 psychological mark as trades seem hesitant and opt to wait for further progress in US-Iran peace talks. Iran’s Foreign Minister, Abbas Araqchi, told state media on Sunday that talks and message exchanges with the US are ongoing, though he cautioned against reading too much into unconfirmed reports about the negotiations. Earlier, Iran’s chief negotiator, Mohammad Bagher Qalibaf, stated that the country will not accept any agreement u
The post Silver Price Forecast: XAG/USD holds gains above $75.50 amid Iran deal uncertainty appeared on BitcoinEthereumNews.com.
Silver price (XAG/USD) holds gains after experiencing volatility, trading around $75.60 per troy ounce during the Asian hours on Monday. The non-yielding white metal traded sideways as market participants closely assessed the highly fluid developments surrounding United States (US)-Iran peace negotiations. According to a BBC report, US President Donald Trump is seeking to alter and reinforce several key terms of a proposal aimed at ending the conflict. These requested changes specifically target regulations surrounding the strategic Strait of Hormuz and the mandatory removal of highly enriched uranium from Iran. Iranian officials are projecting a mix of caution and firm resolve. Iranian Foreign Minister Abbas Araghchi confirmed that dialogue and message exchanges with Washington remain ongoing, though he dismissed current media commentary as mere speculation,
The post EUR/USD Price Forecast: Starts the US NFP week cautiously appeared on BitcoinEthereumNews.com.
The EUR/USD pair trades slightly lower to near 1.1645 during the Asian trading session on Monday. The major currency pair faces marginal selling pressure as the US Dollar (USD) ticks up, with investors awaiting key United States (US) economic releases this week, especially the Nonfarm Payrolls (NFP) data for May. As of writing, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades 0.1% higher to near 99.03. Investors will pay close attention to the US NFP data to get fresh cues on the Federal Reserve’s (Fed) monetary policy outlook. Later in the day, market participants will focus on the US ISM Manufacturing PMI data for May, which will be published at 14:00 GMT. In the Eurozone, investors await the preliminary Harmonized Index of Consumer Prices (HICP) data for May, which will be released on Tuesday. The inflation data will influence mark
The post Australian Dollar firms against Japanese Yen following China’s RatingDog Manufacturing appeared on BitcoinEthereumNews.com.
AUD/JPY extends its gains for the third successive day, trading around 114.60 during the Asian hours on Monday. The currency cross holds its ground as a wave of mixed economic data from China, Australia, and Japan shaped market sentiment. China’s RatingDog Manufacturing Purchasing Managers Index (PMI) slipped to 51.8 in May from the previous month’s 52.2 reading. While this indicates a slight deceleration in expansion, it still managed to beat market expectations of 51.4, offering a layer of resilience to the regional outlook. In Australia, the labor market showed signs of recovery as the ANZ–Indeed Australian Job Ads rebounded by 1.8% month-on-month (MoM) in May, marking the first gain since February and bouncing back from a 0.6% decline in April. However, the overarching trend continues to suggest that labor demand is gradually moderating as elevated bo
The post AUD/USD Forecast: Subdued below 0.7200 after China’s PMI appeared on BitcoinEthereumNews.com.
The AUD/USD pair extends the range play below the 0.7200 mark and moves little following the release of China’s RatingDog Manufacturing PMI, which eased to 51.8 in May from 52.2 in the previous month. Meanwhile, spot prices remain close to a two-week high touched on Friday and seem poised to appreciate further amid a constructive technical setup. Friday’s breakout through the 0.7180 confluence hurdle – comprising the 100-period Simple Moving Average (SMA) on the 4-hour chart and the 50% Fibonacci retracement level of the May downswing – was seen as a key trigger for the AUD/USD bulls. Moreover, the Relative Strength Index (RSI) near 60 hints at constructive but not overextended momentum. Adding to this, the Moving Average Convergence Divergence (MACD) hovers in positive territory with a slight bullish tilt, reinforcing a cautious upside tone. However, persistent geopolitical uncertain
