BlockBeats News, June 21, the foreign exchange market fluctuated with the dollar index steady, reaching a three-week high against the yen, reflecting the market's comprehensive response to the de-escalation of tensions between Iran and Israel and the Federal Reserve's policy shift. Federal Reserve Governor Waller expressed support for a possible rate cut as early as July, and Powell will testify in Congress next week, his tone may dominate the short-term dollar and asset price trends.
The Bank of Japan remains on hold, but economists predict a higher likelihood of interest rate hikes before autumn. The Bank of England maintained its interest rate with a 6:3 vote, reflecting intensified internal divisions. Positive signals have emerged from Middle Eastern negotiations, but the market remains cautious about trade wars and inflation risks, with central bank actions in multiple countries becoming a focal point for market attention.
Bitunix analysts recommend: Next week's Powell testimony and geopolitical news may become volatility triggers; investors are advised to wait for directional confirmation before making plans. BTC support is at $103,300-$102,700, still maintaining a short-term upward trend.
