Gold falls to over one-year low below $3,900 amid inflation concerns, US PPI data looms

Gold price (XAU/USD) drops to a more-than-one-year low around $3,880 during the early Asian session on Friday. Persistent US inflation concerns and expectations of higher interest rates weigh on the precious metal.

The New Zealand Dollar's slump runs into RBNZ inflation expectations

Monday's post-election bounce in the Kiwi lasted one session, and three straight falls since have put it back beside its lowest level in more than 18 months. NZD/USD is trading around 0.5550, and Thursday's low was only slightly lower.

Australian Dollar tests 0.68 as Fed hawks drive USD to 19-month high

The Australian Dollar extended its losses against the US Dollar on Thursday, down 0.67% even though US jobs data was slightly softer than expected, but the hawkish camp at the Federal Reserve (Fed) provided a lifeline to the Greenback, which reached 19-month highs.

Yen stalls at 160.00 on Tokyo's warning ahead of Japan's growth data

The 160.00 level, where Japan has bought Yen twice this year, was reached on Thursday for the first time since early September, and USD/JPY didn't stay above it. The session high was just over the level and the pair is trading just under it, almost exactly where it started.

A Euro at an 18-month low heads into Eurozone growth and US prices

Three straight daily falls have taken the Euro to its lowest in 18 months, and the break came from the US side of the pair. EUR/USD is down from near 1.1200 at Monday's close to around 1.1050, after a session low just under it.

Banks Lift Spot Bitcoin ETF Holdings to $258M in Q3 Filings

Barclays lifted its iShares Bitcoin Trust stake 48% in Q3 and Citi opened a $119 million position in Fidelity's spot Bitcoin ETF, 13F filings show.

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Poland’s Sejm Clears Pre-Court Crypto Freezes in 240-202 Vote

Poland's Sejm voted 240-202 to let the interior minister freeze crypto assets before court review. The bill goes to the Senate, then President Nawrocki.

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OCC grants Coinbase full national trust company charter

The OCC granted Coinbase a full national trust bank charter, moving its institutional custody business under direct federal supervision with a three-year migration plan.

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Nigeria tells stablecoin issuers: get licensed or leave

Nigeria's central bank has issued a licensing framework for stablecoin issuers: capital minimums, full reserve backing and a window for existing operators.

The post Nigeria tells stablecoin issuers: get licensed or leave appeared first on Forex Crunch.

CFTC gives exchanges 30 days to end geographic access restrictions

The CFTC has ordered designated contract markets to end domestic geographic access restrictions within 30 days under its Impartial Access Requirements interpretation, or explain why they cannot comply.

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