The post US Dollar: Geopolitics faded as markets eye rates – ING appeared on BitcoinEthereumNews.com.
ING’s Francesco Pesole notes the US Dollar (USD) has been broadly unchanged despite renewed Middle East tensions, as Oil has retraced and risk sentiment improved. He highlights that fading geopolitical risk keeps focus on front-end rate differentials, which have moved against the Dollar in some cases. ING sees upside risks for the Dollar but expects only limited DXY reaction if Oil stays contained. Dollar sidelined by rate focus “Markets are taking a decisively optimistic stance on fresh US-Iran tensions. Multiple reports indicate traffic in Hormuz has dropped to almost zero in the past couple of days, and we have seen effectively no intent of de-escalation from either party.” “The 2-year USD swap rate has erased roughly half of the 10bp jump after the re-escalation – 35bp of tightening is currently priced in for December.” “The dollar is seeing no benefits from this situation. Fading
The post WTI price holds near $72 as US-Iran talks offset Hormuz supply risks appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI) Oil trades around $72 at the time of writing on Friday, up 0.42% on the day, but remains in a consolidation phase after reaching a more than two-week high earlier this week. Investors are assessing mixed signals from the Middle East, balancing ongoing military tensions against renewed diplomatic efforts. Market sentiment improved slightly after a US official confirmed that technical talks with Iran remain ongoing despite US President Donald Trump’s comments that the memorandum of understanding with Tehran was no longer in effect. Reuters also reported that Qatari negotiators are in Iran to meet with Iranian officials in an effort to de-escalate tensions and create conditions for broader negotiations to continue, in coordination with the United States (US). According to a source cited by Reuters, the talks are focused on implementing the US-Ira
Heightened US-Iran tensions could destabilize global markets, impacting oil prices and increasing regulatory scrutiny on cryptocurrencies.
The post Israel shares intelligence with US on Iranian plot against Trump, raising geopolitical risk for markets appeared first on Crypto Briefing.
From welfare and defence spending to cost of living and geopolitics, we the look at issues leftover from Keir Starmer
UK politics live – latest updates
Andy Burnham is expected to become prime minister in less than two weeks, and has promised to significantly change Labour’s agenda and deliver better for all parts of the UK.
But he will arrive with a bulging in-tray of challenges on multiple fronts and issues leftover from Keir Starmer – from geopolitics to the cost of living. Here is what Burnham can expect to find behind the Downing Street black door.
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The post Indian Rupee: Stabilisation but recovery hurdles against US Dollar – OCBC appeared on BitcoinEthereumNews.com.
OCBC strategists Christopher Wong and Sim Moh Siong observe that the Indian Rupee (INR) faced depreciation pressure as Oil and geopolitics resurfaced, pushing USD/INR towards a one‑month high. He notes that some pressure has eased with Oil off its highs and RBI-linked Dollar sales helping limit losses. Near term, USD/INR should stay relatively contained, though a clean recovery likely needs lower Oil prices. USD/INR pressure easing with flows and RBI support “INR came under depreciation pressure as oil/geopolitics moved back into focus. Higher crude prices can pose downside pressure for INR, and USD/INR’s move towards one-month high yesterday suggests that market is again testing INR’s oil sensitivity.” “That said, some of the pressure has eased with oil prices back off highs and the INR is not without support. RBI-linked USD sales appear to have helped limit recent l
The post Euro retraces previous gains as Eurozone data paves the way for an ECB pause appeared on BitcoinEthereumNews.com.
The Euro (EUR) has given away most of the daily gains against the US Dollar (USD) on Friday, returning to the 1.1430 area from session highs at 1.1475, which leaves the pair practically flat on the daily chart. Soft economic data from Eurozone countries, coupled with geopolitical uncertainty and higher Oil prices, is posing a significant weight on the Euro rallies. In Germany, June’s final Harmonized Index of Consumer Prices (HICP) confirmed previous estimations, showing that inflation slowed down to a 2.4% year-over-year (y-o-y) rate from 2.7% in May and from the April peak of 2.9%. Monthly inflation contracted 0.2%, also in line with preliminary estimations, and following a 0.1% contraction in May. At a later time, INSEE revealed that France’s Consumer Price Index (CPI) was also in line with the preliminary estimations. Yearly inflation eased to a 2% rate in June
The post Wall Street Banks Restrict Prediction Market Trading over Insider-Risk Fears appeared on BitcoinEthereumNews.com.
Wall Street banks are restricting employee trading on prediction market platforms due to fears that they may use nonpublic information to trade event contracts. Goldman Sachs has reportedly banned its employees from trading on event contracts that are specific to the bank, including financial markets, macroeconomic events, elections and geopolitics, CNBC reported, citing people familiar with the matter. Unnamed sources from Morgan Stanley also told CNBC that the bank has policies regarding prediction market trading by employees, while a spokesperson for Bank of America said the bank was in the process of issuing new prohibitive measures for employees on prediction market trading. The report adds to insider trading fears around prediction markets, which attracted the attention of the White House and US lawmakers, who proposed legislation aimed at restricting politic
The post What’s keeping Gold under pressure despite geopolitical risks? appeared on BitcoinEthereumNews.com.
Gold (XAU/USD) trades on the back foot on Friday, struggling to build on the previous day’s gains and heading for a weekly loss as renewed hostilities in the Middle East have revived fears of energy-driven inflation and Federal Reserve (Fed) interest rate hikes. At the time of writing, XAU/USD is trading around $4,098, down 0.60% on the day. The metal, however, lacks follow-through selling as traders reassess US-Iran tensions following reports that technical talks are continuing despite the military clashes, prompting a pullback in crude Oil prices. Can Gold stage a sustained recovery? While Gold has staged a modest rebound from $3,941, its lowest level since November 2025, the metal is struggling to attract meaningful buying interest. Since the US-Iran war broke out in February, Gold has behaved less like a traditional safe-haven asset and more like a rate-sensitive instrument,
The post Euro: Range-bound rebound faces key resistance against US Dollar – Societe Generale appeared on BitcoinEthereumNews.com.
Societe Generale’s Kenneth Broux notes EUR/USD has rebounded after forming an interim low near 1.1325 and moved back into its prior range, signalling limited follow-through on the earlier breakdown. The bank stresses that resistance at 1.1475/1.1500 must be cleared to extend the bounce, while a drop below 1.1390 would risk resuming the broader downtrend. Bounce capped by 1.1500 barrier “EUR/USD has staged a modest rebound after carving out an interim low around 1.1325. The pair has re-integrated within previous range, indicating a lack of follow-through after the recent breakdown.” “However, clear signals of a large up move are not yet visible. The recent pivot high at 1.1475/1.1500 is the first layer of resistance. Overcoming this will be crucial for signalling an extension of the bounce.” “Conversely, there could be a risk of a continuation of the downtren
