US proposes ceasefire plan to Lebanon and Israel as crypto markets watch for risk-on signals

The post Canadian Dollar weakens as USD firms on geopolitics, Fed bets appeared on BitcoinEthereumNews.com. The USD/CAD pair attracts some buyers for the second consecutive day and reclaims the 1.3800 mark during the Asian session on Monday. Spot prices, however, lack bullish conviction and remain below the highest level since April 13, near the 1.3870 region, touched last week amid a combination of diverging forces. The uncertainty over US-Iran talks to end a three-month-old conflict and Israel’s incursion into Lebanon keeps geopolitical risk in play, underpinning the safe-haven US Dollar (USD) and acting as a tailwind for the USD/CAD pair. In fact, differences over Iran’s nuclear program and the Strait of Hormuz continue to complicate efforts to reach a deal. Moreover, Iran’s chief negotiator, Mohammad Bagher Qalibaf, stated that the country will not accept any agreement until its national rights are fully secured. Adding to this, reports suggest that the US has hardened its negotiat

The diplomatic strain may hinder US-Mexico cooperation, potentially affecting future extraditions and escalating anti-cartel operations. The post Mexican president accuses US of interference over extradition requests appeared first on Crypto Briefing.

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 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 WTI rises toward $89.00 as Israeli troops advance into Lebanon appeared on BitcoinEthereumNews.com. West Texas Intermediate (WTI) oil price gains ground after three days of losses, trading around $88.80 per barrel during the Asian hours on Monday. WTI price rises over 2% as supply concerns intensify following Israel’s orders for troops to move further into Lebanon. This tactical escalation in the conflict with the Iranian-backed Hezbollah militant group comes despite a ceasefire agreement that was announced more than six weeks ago, threatening to unravel previous diplomatic progress. The abrupt step-up in fighting has significantly dimmed market expectations that the United States (US) and Iran might soon announce an extension to their broader ceasefire agreement. The deterioration on the ground is particularly striking as it comes immediately after the US hosted Israeli-Lebanese peace talks in Washington on Friday, renewing anxieties over regional stability and potential ener

US support for Israeli escalation may hinder peace prospects, increase regional tensions, and complicate diplomatic resolutions in the Middle East. The post US backs Israeli military escalation against Hezbollah in Lebanon appeared first on Crypto Briefing.

The post Fed’s Powell says credibility lost if President can fire officials appeared on BitcoinEthereumNews.com. Former Federal Reserve (Fed) Chair Jerome Powell said the US central bank would damage public trust that’s required to support a strong and stable economy if any president were free to dismiss Fed officials over policy disagreements, Bloomberg reported on Monday. Powell’s remarks came as the US highest court is deliberating the fate of Fed Governor Lisa Cook, whom US President Donald Trump has sought to fire over unproven mortgage fraud allegations. Cook has denied the charge. Key quotes If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well. The Fed’s credibility would be lost. Our credibility has been built and sustained over many decades, and we have a duty to safeguard that priceless asset for our fellow citizens and for generations to come. Market reaction  At the time of writing, the US Dollar I