US military strikes in Iran, Lebanon amid ongoing peace negotiations

The post Fed: Later cuts as inflation persists – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Senior US Strategist Philip Marey updates his United States (US) and Federal Reserve (Fed) outlook, highlighting a shift by the FOMC away from an easing bias ahead of Warsh’s first meeting. Marey notes that developments in the Middle East are likely to keep energy prices elevated. As a result, Rabobank now expects the first Fed rate cut in October 2026 and a second in January 2027, later than previously forecast. FOMC shifts and delayed rate cuts “In recent weeks, the FOMC seems to have moved further toward dropping its easing bias, with several Committee participants staking out their position before Warsh’s first meeting.” “Meanwhile, the developments in the Middle East suggest that energy prices will remain elevated for longer.” “With our outlook for inflation higher and more persistent and the FOMC taking defensive positions against the new Chair, we now change our Fed view.” “

In crypto news today (June 1), the market has started the new month in a precarious position, with Bitcoin dropping -1.4% overnight, losing key support at $73,000, and currently trading around $72,700. However, ETH USD, in typical fashion, has performed worse, down -2.5% in the past 24 hours and trading for $1,975 after losing key.. The post Crypto News Today (June 1): BTC Crashes Below $73K as the US Bombs Iran, Sparking Panic appeared first on 99Bitcoins.

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The post Forex Today: Markets shrug off escalating tensions in Middle East appeared on BitcoinEthereumNews.com. Here is what you need to know on Monday, June 1: Major currency pairs struggle to pull away from the previous week’s closing levels as investors largley brush off news pointing to a fresh escalation of tensions in the Middle East. In the second half of the day, the US economic calendar will feature the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) data for May. US Dollar Price Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the New Zealand Dollar. USD EUR GBP JPY CAD AUD NZD CHF USD 0.04% -0.13% 0.14% 0.05% 0.04% 0.32% 0.24% EUR -0.04% -0.16% 0.07% 0.01% 0.04% 0.29% 0.17% GBP 0.13% 0.16% 0.26% 0.19% 0.13% 0.43% 0.32% JPY -0.14% -0.07% -0.26% -0.06% -0.08% 0.21% 0.08% CAD -0.05% -0.01% -0.19% 0.06% -0.02% 0.26% 0.16% AUD -0.04% -0.04% -0.13%

The post Australian Dollar softens below 0.7200 amid ongoing Middle East tensions appeared on BitcoinEthereumNews.com. The AUD/USD pair loses momentum to around 0.7180 during the early European trading hours on Monday. Rising tensions in the Middle East weigh on the riskier assets such as the Australian Dollar (AUD) against the US Dollar (USD). The US May ISM Manufacturing Purchasing Managers Index (PMI) report is due later on Monday.  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.  Iranian Foreign Minister Abbas Araghchi said over the weekend that talks and message exchanges with the US were ongoing but highlighted that no assessment of negotiations could be made until a clear outcome was reached.  Traders will closely watch the US May jobs data on Friday as the US Federal Reserve (Fed) officials signal that

The post Silver Price Forecast: XAG/USD rises to near $75.70 on US-Iran deal hopes appeared on BitcoinEthereumNews.com. Silver price (XAG/USD) is up 0.5% to near $75.75 during the European trading session on Monday. The white metal trades higher amid hopes that the United States (US) and Iran will reach a permanent peace deal soon. In the late Asian trade, US President Donald Trump said through a post on Truth Social that Iran wants a deal badly, while warning that the option of military action remains on the table. Over the weekend, US President Trump said in an interview with Fox Business that the terms of the deal with Iran have been revised, adding that destroying Tehran’s nuclear dust and the reopening of the Strait of Hormuz remain key demands. Meanwhile, the oil price has rebounded, following the exchange of attacks between Israel and Lebanon. The Silver and oil prices have carried a negative relationship since the onset of the war, as elevated energy prices have prompted inflat

Iran's control over the Strait of Hormuz could escalate geopolitical tensions, affecting global energy markets and prompting potential U.S. military responses. The post Iran asserts permanent control over Strait of Hormuz, impacting maritime traffic appeared first on Crypto Briefing.

The post NZD/USD Price Forecast: Kiwi corrects lower and tests support at 0.5965 appeared on BitcoinEthereumNews.com. The New Zealand Dollar (NZD) holds marginal losses against the US Dollar (USD) on Monday, retreating to session lows of 0.5965 from highs a few pips below 0.6000. Manufacturing data from China has been supportive, although the skirmishes between the US and Iran are feeding a certain degree of cautiousness at the week’s opening. The US military reported a new wave of airstrikes on Iran’s military sites, and Tehran said that they targeted a US base that was used to launch attacks on the country. US President Donald Trump keeps pondering whether to sign a ceasefire extension or not, and meanwhile, the Strait of Hormuz remains closed, keeping Oil near $100 and straining New Zealand’s Oil-importing economy. Technical Analysis: On a bearish correction, amid a broader bullish trend NZD/USD trades at 0.5971, with price action suggesting that the pair might be on the fourth wave