The US Securities and Exchange Commission (SEC) has directed prospective issuers of XRP, Solana (SOL), Dogecoin (DOGE), Litecoin (LTC) and Cardano (ADA) exchange-traded funds (ETFs) to withdraw their 19b-4 filings, following the approval of generic listing standards for crypto products.
Pound Sterling (GBP) is likely to trade in a range between 1.3375 and 1.3430. In the longer run, downward momentum is starting to slow, but only a breach of 1.3445 would indicate that the weakness in GBP has stabilised, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY slipped to 148.50 after failing to hold above the 150.00 mark, as hawkish BOJ signals reinforced expectations of a rate hike at the October 30 meeting, BBH FX analysts report.