British Pound: Neutral budget, higher BoE rates ahead – ABN AMRO

ABN AMRO economists Bill Diviney and Adrian Quinn expect the United Kingdom (UK) to maintain its fiscal consolidation progress, supported by resilient economic growth.

NZD/USD Price Forecast: Bears eye 18-months low at 0.5564

The New Zealand Dollar (NZD) sells off across the board on Wednesday and dives more than 1.3% against the US Dollar (USD) following the Reserve Bank of New Zealand’s (RBNZ) monetary policy decision.

Euro: Fed focus keeps pressure against US Dollar – Commerzbank

Commerzbank’s Volkmar Baur notes that EUR/USD slid to its lowest level since May 2025, but recent Eurozone data and the ECB Bank Lending Survey may be overshadowed by the upcoming Fed decision.

WTI Price Forecast: Fears of fresh escalation in Middle East conflicts boost prices above $100

West Texas Intermediate (WTI), futures on NYMEX, are up 1.42% to near $101.00 during the European trade on Wednesday.

Gold struggles to gain traction ahead of Fed policy verdict

Gold (XAU/USD) stalls its rebound on Wednesday as investors await the Federal Reserve’s (Fed) monetary policy announcement, due at 18:00 GMT. A modest pullback in Oil prices helped bullion recover from its lowest levels since July over the past two days.

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

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

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

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

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.

OCC final GENIUS Act rule drops affiliate rewards presumption but keeps stablecoin yield ban

The OCC's final GENIUS Act rule drops the affiliate rewards presumption but keeps the stablecoin yield ban, effective 18 January 2027, with no grandfathering.

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