The dollar and US equities are set for a positive week, despite hiccups. Fed doves push for a July rate cut, but chances are extremely low. Yen positions for Sunday’s elections which could open Pandora’s box. The GENIUS Act has been approved, signaling that stablecoins are here to stay, benefiting Ethereum. The dollar maintains weekly gains despite uncertainties surrounding tariffs and Fed speculation. US stocks are in the green this week, with both S&P 500 and Nasdaq hitting new all-time highs. Fed members show their cards ahead of the July 30 meeting, with dovish members pushing for a rate cut. Japan’s Upper House elections on Sunday will be closely watched, potentially impacting the yen. Stablecoins take a big step towards becoming mainstream with the approval of the GENIUS Act.

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