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Japanese Yen: Inflation risks support steady BoJ hikes – TD Securities

TD Securities’ Prashant Newnaha argues the Bank of Japan (BoJ) will likely keep raising its target rate roughly every quarter, with the next move expected in December.

Euro retreats from day’s high as US Dollar rebounds, German HICP data awaited

The Euro (EUR) gives back a majority of its early gains against the US Dollar (USD) on Friday. The EUR/USD pair corrects after failing to extend gains above 1.1215, but is still 0.11% higher at around 1.1188 in the European trade.

Market News

Wall Street’s fast money dumped $5.4 billion of Bitcoin ETFs, and it wasn’t a Bitcoin bet

Illustration of a Bitcoin ETF redemption notice on an institutional trading desk, navy and blue financial-terminal style

Nine hedge funds and banks cut 68,000 BTC of Bitcoin ETF exposure as the cash-and-carry basis collapsed, Galaxy Research says, while sovereign funds bought.

The post Wall Street’s fast money dumped $5.4 billion of Bitcoin ETFs, and it wasn’t a Bitcoin bet appeared first on Forex Crunch.

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.

 
 
 

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