UK embraces stablecoin regulation, financial watchdogs wait and watch
UK’s crypto industry welcomed new stablecoin rules pending guidance from financial watchdogs. A proposed bill
EUR/PLN has room for further gains towards the 4.735/40 zone – ING
The sell-off in Central and Eastern Europe continues. Economists at ING think the Polish zloty
Bitcoin failed to hold, testing key levels again
Market picture Bitcoin was almost flat on Thursday but started Friday with a 6% plunge,
US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to
UK Retail Sales rebound 0.3% MoM in July vs. -0.2% expected
The UK Retail Sales came in at 0.3% MoM in July, a positive surprise. Core
USD/TRY to hit 20.00 by Q1 2023 – MUFG
The Central Bank of the Republic of Turkey (CBRT) MPC delivered a surprise 100 bps
NZD to weaken against the USD over the short to medium-term – HSBC
The Reserve Bank of New Zealand (RBNZ) raised its policy rate by 50 bps to
USD/CAD marches towards 1.3000 as yields propel DXY, oil eases ahead of Canada Retail Sales
USD/CAD takes the bids to renew two-week high, up for the third consecutive day. US
AUD/USD bounces off two-week low, lacks follow-through amid risk-off/sustained USD buying
AUD/USD reverses an intraday dip to a two-week low, though lacks follow-through. Hawkish Fed expectations,
GBP/USD to extend further to the downside over the coming weeks – MUFG
The GBP/USD rate has broken back below the 1.2000 level. In the view of economists