New Zealand Dollar steadies around 0.5550 as US Dollar bulls take a break

The New Zealand Dollar (NZD) is trading practically flat against the US Dollar (USD) on Thursday, holding losses after the last two days’ reversal.

Technical outlook on USD/JPY, EUR/GBP, Nvidia [Video]

EUR/GBP catches a breather after a steep sell-off—has the pair finally reached a pivot zone?

US Dollar: Rally cools as Fed talk eyed – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes the Dollar Index has retreated from its post-October CPI highs, with the USD rally seen as stretched versus rate differentials. He highlights that stagnant US real wages may cap expectations for a 50bps Fed hike in December.

CoreWeave sparks a tech Bid/the WSJ and NYT’s dropped the jensen story

And the see saw continues…..Technology had another winning day…. It was chips, AI infrastructure, cloud names, memory names, software, cybersecurity, disruptive tech, etc.…. And who got it started? Core Weave! Up nearly 25% after beating revenue expectations and raising its outlook.

AMD: Incomplete zigzag pattern forecasted the market path

In this technical blog, we’ll take a closer look at our Elliott Wave charts for Advanced Micro Devices (AMD), published in the members’ area of our website. We identified incomplete bearish sequences within the cycle from the October 6th peak, signaling further downside.

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.

The post Banks Lift Spot Bitcoin ETF Holdings to $258M in Q3 Filings appeared first on Forex Crunch.

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.

The post Poland’s Sejm Clears Pre-Court Crypto Freezes in 240-202 Vote appeared first on Forex Crunch.

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.

The post OCC grants Coinbase full national trust company charter appeared first on Forex Crunch.

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.

The post CFTC gives exchanges 30 days to end geographic access restrictions appeared first on Forex Crunch.