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Chinese Yuan: Outlook stays mildly positive against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CNH price action as fading in downside momentum and now largely range-bound between 6.6900 and 6.7000 in the short term. Over 1–3 weeks, they still warn that a break and close below 6.6900 could trigger a move toward 6.6800. On a 1–3 month view, they expect the pair to keep edging lower while below 6.7815.

Fed's Collins backs September hike, sees Oil and AI driving inflation

On Tuesday, the Boston Fed President Susan Collins said that the Federal Reserve’s (Fed) main focus is inflation, while adding that I “expect inflation to stay above 2% due to high energy prices.”

GBP/JPY Price Forecast: Bulls challenge 210.00 as breakout looms

The GBP/JPY pair extends its modest gains for two straight days this week, up 0.16% on Tuesday, as the cross-pair continues to consolidate near the 210.00 figure with no clear bias, while the Relative Strength Index (RSI) drifts higher towards its 50-neutral level, an indication that buyers are step

Japanese Yen: Choppy trade after JPY-supportive comments – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret highlight the Japanese Yen (JPY) as somewhat firmer, with USD/JPY pulling back from the upper 158s on comments from BoJ Governor Ueda and PM Takaichi about close US-Japan FX contact.

Market News

TD Cowen: CFTC crypto rules face race against 2028 election clock

Stylised clock and fading market bands illustrating regulatory timing risk

TD Cowen says the CFTC's leveraged-crypto framework may not be finalised until early 2028, exposing it to the next administration.

The post TD Cowen: CFTC crypto rules face race against 2028 election clock appeared first on Forex Crunch.

ESMA gives EU crypto firms three months to unwind non-MiCA stablecoin exposure

Illustration of a three-month wind-down window for stablecoin exposure on a trading terminal

ESMA has told national regulators to make MiCA-licensed firms resolve EU clients' exposure to non-compliant stablecoins within roughly three months, by about 8 January 2027.

The post ESMA gives EU crypto firms three months to unwind non-MiCA stablecoin exposure appeared first on Forex Crunch.

Circle’s USDC earnings are really a bet on US interest rates

Terminal-style illustration of a declining rate curve in blue and amber on dark navy

Circle's Q2 2026: USDC moved $14.8 trillion on-chain, up 151% year over year, yet 95% of Circle's $701.3 million revenue came from reserve interest, mostly US Treasuries.

The post Circle’s USDC earnings are really a bet on US interest rates appeared first on Forex Crunch.

Bitcoin breaks key support as macro bond rout drags crypto lower

Illustration of candlesticks breaking through a support level under bond-market pressure

Bitcoin fell to $82,734 on Bitstamp on 7 October 2026, its lowest of the month, as US 10- and 30-year yields hit 24-year highs and Brent crude reached $102 on Iran's Strait of Hormuz warnings.

The post Bitcoin breaks key support as macro bond rout drags crypto lower appeared first on Forex Crunch.

FinCEN withdraws proposed $10,000 crypto private-wallet reporting rule

Illustration of a compliance monitoring terminal with faded transaction report outlines dissolving away

FinCEN has withdrawn its 2020 proposal requiring reports on $10,000-plus crypto transfers to unhosted wallets and a 2023 mixer rule, in a deregulatory move.

The post FinCEN withdraws proposed $10,000 crypto private-wallet reporting rule appeared first on Forex Crunch.

 
 
 

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