After the longest U.S. government shutdown in history finally ended, currency markets face a new challenge: figuring out what comes next.

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Japan’s Financial Services Agency is weighing a major overhaul of cryptocurrency oversight that would classify digital assets as financial products subject to insider-trading rules, according to a report in the Asahi newspaper. The proposed framework would cover roughly 105 cryptocurrencies listed in Japan, including bitcoin and ethereum, and would require exchanges to provide clearer disclosures about price-volatility risks and…

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The GBP/USD pair declines to near 1.3155 during the early Asian session on Monday. The Pound Sterling (GBP) softens against the US Dollar (USD) amid concerns about the UK’s fiscal debt and weak economic data from the UK. Bank of England (BoE) External Member Catherine Mann is set to speak later on Monday.  The pound loses ground after a report…

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People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range,…

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Japan quarterly prelim GDP Overview The Japan’s Cabinet Office will publish its data for the third quarter (Q3) at 23.50 GMT. Gross Domestic Product is estimated to show a contraction of 0.6% QoQ in the Q3, compared to an expansion of 0.5% in the previous reading. Japan’s GDP Annualized is projected to show a fall of 2.5% versus a rise of 2.2%…

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President Donald Trump has continued to make large fixed-income purchases this autumn, adding at least $82 million in municipal and corporate bonds, according to newly released ethics disclosures. Info via a Bloomberg report. The filings, posted by the US Office of Government Ethics after the government shutdown ended, show Trump bought debt issued by major corporates including Netflix, Boeing,…

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West Texas Intermediate (WTI) US Oil trades around $59.50 on Friday at the time of writing, up 1.60% on the day, after hitting a daily high at $60.47. The Crude Oil recovers after a Ukrainian drone strike damaged an Oil depot at Russia’s Black Sea port of Novorossiysk, one of the country’s key export hubs. According to regional authorities…

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Mon: Canadian CPI (Oct), US NY Fed Manufacturing (Nov) Tue: RBA Minutes (Nov), NBH Announcement; New Zealand PPI (Q3), Japanese Trade Balance (Oct) Wed: FOMC Minutes (Oct), Bank of Indonesia Announcement; UK CPI (Oct), EZ Final HICP (Oct) Thu: PBoC LPR; German Producer Prices (Oct), EZ Construction Output (Sep), Canadian Producer Prices (Oct), New Zealand Trade Balance (Oct), Australian…

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The Euro (EUR) extends losses against the Swiss Franc (CHF) on Friday, with EUR/CHF sliding to its lowest level since 2015, when the Swiss National Bank (SNB) abruptly abandoned its minimum exchange-rate floor. At the time of writing, the cross is trading near 0.9188, marking its fifth straight daily decline as bearish momentum intensifies. Analysts note that the Franc…

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We have been accelerating our bitcoin purchases If you’re going to be a bitcoin investor, you need to be able to handle the volatility There is an incredible amount of leverage A lot of the OG holders were selling at the 100K level I think we’re building a base here We don’t have any trigger points soon If bitcoin…

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