Indonesian Rupiah: Finding footing despite MSCI risks - DBS

DBS Group Research’s Philip Wee notes that USD/IDR has been relatively stable after Bank Indonesia kept its benchmark rate at 5.75% while deploying targeted tools to support the Indonesian Rupiah.

USD/CHF Price Forecast: Bulls defend 50-day SMA near 0.8200

The USD/CHF pair edges lower on Thursday, losing 0.46% and dropping towards 0.8200 as safe-haven currencies like the Swiss Franc (CHF) and the Japanese Yen (JPY) are the only currencies appreciating against the Greenback during the day. At the time of writing, the pair trades at 0.8205.

Chinese Yuan: Gradual gains toward 6.6640 against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/CNH is drifting lower, with intraday risks skewed toward a brief dip below 6.6700, though they do not expect a sustained break.

Accenture has risen for 12 straight sessions. Is it time to sell?

Accenture (ACN) shares are having a moment. While much of the rest of the market has been preoccupied with the downturn in AI stocks in October, Accenture shares have jetted ahead 37% at last count.

Silver Price Forecast: XAG/USD breaks $55 as bears target $50

Silver (XAG/USD) price sinks over 5% on Thursday as yield-seeking investors buy US Treasuries. Although this tumbled US Treasury yields, the white metal failed to gain traction due to rising energy prices and a strong US Dollar.

France votes to end stablecoin tax deferral from January 2027

France's National Assembly voted 38-37 to end tax deferral on crypto-to-stablecoin swaps from January 2027, under the 31.4% capital gains levy.

The post France votes to end stablecoin tax deferral from January 2027 appeared first on Forex Crunch.

Tether says Iran-linked USDT volumes fell 94% after freezes

Tether CEO Paolo Ardoino says wallet freezes cut Iran-linked USDT volumes 94%, rebutting a Senate report on shadow banking flows. He posted the figures on 19 October.

The post Tether says Iran-linked USDT volumes fell 94% after freezes appeared first on Forex Crunch.

EBA classifies Circle’s USDC as EU’s first ‘significant’ e-money token under MiCA

The EBA has classified Circle's USDC as the EU's first significant e-money token under MiCA, with joint EBA-ACPR supervision from 12 November 2026.

The post EBA classifies Circle’s USDC as EU’s first ‘significant’ e-money token under MiCA appeared first on Forex Crunch.

BIS paper: banks can slow stablecoin growth by paying savers more

A BIS working paper finds a one basis point rise in bank deposit rates cut ten-week stablecoin growth from about 15% to about 12%, with USDC more sensitive than USDT.

The post BIS paper: banks can slow stablecoin growth by paying savers more appeared first on Forex Crunch.

MSCI rules could drop Strategy and Metaplanet from indexes from 30 November

MSCI adopts rules that could remove Strategy and Metaplanet from its global indexes, with the final list of affected companies due on 11 November and removals effective 30 November.

The post MSCI rules could drop Strategy and Metaplanet from indexes from 30 November appeared first on Forex Crunch.