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Gold Price Forecast: XAU/USD corrects after three-day winning streak ahead of key US data

Gold is down 0.65% to near $4,040 after failing to extend its three-day winning streak on Thursday. The precious metal comes under pressure as the US Dollar (USD) regains ground after a corrective move on Wednesday, following the Federal Reserve’s (Fed) monetary policy announcement.

Morning briefing: EUR/USD weakness could resume in the medium term

The FED kept rates unchanged as expected, and the ECB is also expected to keep rates unchanged today. The Dollar Index has dipped from 102.50, while the euro has moved up from 1.1113. But overall, the Dollar strength and Euro weakness could resume in the medium term.

Ripple and Stellar outlook: XRP and XLM lose ground as hawkish Fed tone weighs

Ripple (XRP) and Stellar (XLM) remain under pressure on Thursday as bearish derivatives positioning and on-chain signals weigh on sentiment. XRP slides toward key support at $1.30, while XLM gives back some of its recent gains. 

Cardano Price Forecast: ADA extends bearish reversal as sell-side pressure intensifies

Cardano (ADA) faces intense selling pressure, with over 4% losses so far on Thursday, pushing the price below $0.2000. The sell-off aligns with the broader cryptocurrency market pullback after the US Federal Reserve (Fed) decided to pause the federal funds rate at 3.75%-4.00% on Wednesday.

EUR/JPY Price Forecast: Trades around 176.00 near nine-day EMA

EUR/JPY inches lower after registering modest gains in the previous day, trading around 175.90 during Asian hours on Thursday. Based on the technical analysis of the daily chart's descending channel pattern, the currency cross maintains a clear bearish bias.

Market News

Euronext suspends CoinShares’ Zcash ETP on Paris debut day

Euronext suspends CoinShares’ Zcash ETP on Paris debut day

Euronext Paris suspended CoinShares' Zcash ETP (ZCSH) on its scheduled debut day of 28 October 2026, citing operational settlement requirements.

The post Euronext suspends CoinShares’ Zcash ETP on Paris debut day appeared first on Forex Crunch.

Two dates that decide the EU stablecoin market: 30 October and 12 November

Illustration of two liquidity bands crossing in a financial terminal, one receding and one brightening

USDC now carries 56% of euro-paired stablecoin trading volume, up from 10% in January 2024, as MiCA rules and two approaching dates reshape the EU market.

The post Two dates that decide the EU stablecoin market: 30 October and 12 November appeared first on Forex Crunch.

Canada Floats 1% Cap on Stablecoin Cash-Outs

Stylised clock face with three glowing segments beside narrowing depth bands and exit-channel arrows, in navy with blue and amber accents

Canada's Oct. 24 proposal would force issuers to cash out retail stablecoin holders at par within three business days, with fees capped at 1% and seven days' notice before any change.

The post Canada Floats 1% Cap on Stablecoin Cash-Outs appeared first on Forex Crunch.

SoFi launches SoFi Earn, a tokenised deposit paying 4.40% APY with FDIC protection

Stylised bank facade and glowing token blocks flowing along a chain-link rail toward an order-book depth band

SoFi launched SoFi Earn (SOFIE), a tokenised bank deposit paying 4.40% APY with FDIC protection, convertible one-to-one into its SoFiUSD stablecoin.

The post SoFi launches SoFi Earn, a tokenised deposit paying 4.40% APY with FDIC protection appeared first on Forex Crunch.

Bank of Korea plans forex law amendment covering stablecoins as payment means

Stylised illustration of two regulatory pathways crossing a border gate, in navy, blue and amber terminal style

The Bank of Korea will draft a Foreign Exchange Transactions Act amendment covering stablecoins as payment means by year-end, while Korea's 2027 crypto tax faces a fresh review.

The post Bank of Korea plans forex law amendment covering stablecoins as payment means appeared first on Forex Crunch.

 
 
 

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