Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound 
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen 
Wall Street Futures Slip as Oracle Earnings Miss Reignites AI Spending Concerns 
Gold Prices Slip Slightly in Asia as Silver Nears Record Highs on Dovish Fed Outlook 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High 
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals 
ETH Bulls Smash Trendline – $4,000 Next as Whale Squeeze Tightens 
FxWirePro- Major Crypto levels and bias summary 
DBS says its crypto business is seeing robust demand from corporate investors, accredited individuals, and investment firms managing assets of wealthy families and that it expects its cryptocurrency exchange platform members to double by year-end.
The largest bank in Southeast Asia also expects its crypto platform membership to grow by 20 to 30 percent annually for the next three years.
DBS Digital Exchange, the bank’s crypto trading platform, offers trading services between four fiat currencies: Singapore dollar, US dollar, Hong Kong dollar, and Japanese yen, and in four cryptocurrencies: bitcoin, bitcoin cash, ether, and XRP.
Investors are gradually exploring cryptocurrencies and digital assets, according to Eng-Kwok Seat Moey, head of capital markets at DBS and chairperson of the exchange.
Kwee Juan Han, DBS’ group head of strategy and planning, noted that the bank’s aim was to create a platform that could serve the entire digital asset value chain, from deal origination to tokenization, listing, trading, and custody.
