According to BlockBeats, on June 29th, several major Wall Street banks lowered their forecasts for the euro against the US dollar. JPMorgan Chase, Morgan Stanley, and BNY Mellon all predict that the euro will fall by more than 3% to around 1.10 over the next year. The euro has already fallen to a one-year low this month, a stark contrast to its five-year high of over 1.20 at the beginning of the year.

Policy divergence is the core driving factor. New Federal Reserve Chairman Warsh has adopted a hawkish stance against inflation, leading the market to re-bet on a rate hike this year; European Central Bank President Lagarde, on the other hand, has stated that there is no need for aggressive policy responses to the Middle East conflict, indicating a relatively moderate approach. The Iran war has pushed up oil prices and strengthened demand for the US dollar, further weakening support for the euro. Options market signals have weakened simultaneously, with the one-year risk reversal indicator falling to its most bearish level since March 2025.

Societe Generale's chief foreign exchange strategist bluntly stated that "the euro's upward trend is basically over," comparing the current energy shock to the severe damage to the European economy following the Russia-Ukraine conflict in 2022. While Bank of America lowered its year-end forecast from 1.20 to 1.15, it maintained a "neutral" assessment, making it one of the few relatively moderate voices.

According to BlockBeats, on June 29th, Lookonchain monitoring showed that as the price of ANSEM continues to rise, the 604 million ANSEM held in the wallet of well-known crypto KOL Ansem (@blknoiz06) are now worth over $71 million.