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Gold (XAU/USD) fluctuates within a tight range on Thursday, consolidating after a sharp correction from historic highs.

Mexico Retail Sales (YoY): 2.4% (August)

Mexico Retail Sales (MoM) registered at 0.6% above expectations (0.2%) in August

EUR/USD drifterd moderately lower during Thursday’s European session and trades at 1.1590 at the time of writing, down from the previous day’s highs at 1.1620.

Starting next year, high-income earners will lose tax breaks on charitable donations thanks to Trump’s “one big beautiful bill.”

American Airlines posted a smaller-than-expected loss for the third quarter.

Global multi-asset broker introduces seamless cryptocurrency fund deposit solution for Asian markets

EBC (https://www.ebc.com) Financial Group (EBC) has announced a strategic partnership with Match2Pay to offer clients direct cryptocurrency deposit capabilities across its trading platforms.

Asia leads global crypto adoption, with Japan reporting 12 million exchange accounts and Thailand launching its government-backed crypto payment programmes. In light of these encouraging developments, the collaboration addresses a critical infrastructure gap in Asia’s rapidly maturing crypto ecosystem: where millions hold digital assets but face barriers to deploying them into financial markets.

Through Match2Pay’s integrated payment gateway, EBC clients can now fund trading accounts using multiple cryptocurrencies and stablecoins, with conversions completing in minutes. The system operates 24/7, eliminating traditional banking delays while maintaining complete transaction transparency through blockchain verification. The solution particularly benefits Asia’s mobile-first populations, where smartphone penetration exceeds 80% in many Southeast Asian markets and stablecoins serve as practical hedges against currency volatility.

“At the heart of helping our clients to rule the markets with EBC, we adapt our services to their needs. By enabling direct crypto deposits, we are making our platform more accessible and flexible. This isn’t just about adding a new payment method; it’s about building trust and demonstrating that we are committed to providing the most efficient and secure trading infrastructure for the modern investor.” said David Barrett, CEO, EBC Financial Group (UK) Ltd. “Our partnership with Match2Pay ensures our infrastructure matches this reality, giving traders the flexibility to deploy capital when markets move.”

Key features include 1:1 USDT-to-USD conversion with zero markup, instant Bitcoin confirmations, enhanced five-layer security protocols, and real-time transaction tracking. Importantly, EBC never holds client crypto directly – Match2Pay’s secure gateway handles all conversions, eliminating custody concerns.

Match2Pay will demonstrate the EBC integration at the upcoming iFX Expo Hong Kong, with team members available to provide answers to all your questions.

Disclaimer: This material is for information only and does not constitute a recommendation or advice from EBC Financial Group and all its entities (“EBC”). Trading Forex and Contracts for Difference (CFDs) on margin carries a high level of risk and may not be suitable for all investors. Losses may exceed deposited funds. Before trading, it is important to carefully consider the trading objectives, level of experience, and risk appetite, and consult an independent financial advisor if necessary. Statistics or past investment performance are not a guarantee of future performance. EBC is not liable for any damages arising from reliance on this information.

About EBC Financial Group

EBC Financial Group, established in London, is a comprehensive financial services group offering brokerage, asset management, and investment immigration services. With a global presence, EBC has branches and offices in major financial hubs such as Tokyo, Sydney, Singapore, and Hong Kong. The management team brings over 30 years of experience in global financial markets.

About Match2Pay

Match2Payprovides secure cryptocurrency payment processing infrastructure through integrated gateway solutions. The platform offers custodial and non-custodial payment processing, dedicated blockchain nodes, and comprehensive transaction management tools designed for seamless crypto-to-fiat conversions.

This article was written by IL Contributors at investinglive.com.

Sweden’s Volvo Cars on Thursday posted stronger-than-expected third-quarter operating profit, prompting shares to rally by more than 40%.

As the government shutdown drags on, some states have warned that they may need to suspend SNAP benefits as soon as next month.

Fundamental
Overview

The USD has strengthened
since Friday as Treasury yields bounced following some positive Trump’s
comments on China. Overall, the US dollar performance has been mixed as markets
have been driven by quick changes in risk sentiment given the lack of US data.

On the domestic side, the
US government shutdown continues to delay many key US economic reports.
Tomorrow though, we will get the US CPI data since it’s crucial for social security
benefits adjustment required by November.

The dollar “repricing
trade” needs strong US data to keep going, especially on the labour market
side, so any hiccup on that front should keep weighing on the greenback.

Since Trump’s threat of
massive tariffs on China, the market pricing turned more dovish with 126 bps of
easing seen by the end of 2026 (the Fed projected just 75 bps). Therefore, if
we de-escalate further and the US data picks up, there’s plenty of room for the
greenback to appreciate.

On the CHF side, nothing
has changed. The SNB left interest rates steady and kept everything unchanged
at the last meeting. SNB’s President Schlegel didn’t offer any forward guidance
but he did say that the bar to cut rates further is very high and negative
inflation prints in the short-term won’t be enough.

The last Swiss inflation
prints rebounded a bit and the central bank does expect some increases in the
next quarters, but there’s a long way to go before breaching their 2% inflation
limit. So, this leaves the CHF trading mostly based on risk sentiment.

USDCHF
Technical Analysis – Daily Timeframe

On the daily chart, we can
see that USDCHF bounced around the key 0.7872 level and extended the rally into
the 0.80 handle. The buyers will likely continue to target the resistance
around the 0.8073 level. If we get there, we can expect the sellers to step in
with a defined risk above the resistance to position for a drop back into the
0.7872 level.

USDCHF Technical
Analysis – 4 hour Timeframe

On the 4 hour chart, we can
see that the price is now trading between two trendlines. The sellers will
likely step in around the downward trendline with a defined risk above it to
target a drop into the 0.7872 level. The buyers, on the other hand, will want
to see the price breaking higher to increase the bullish bets into the 0.8073
resistance.

USDCHF Technical
Analysis – 1 hour Timeframe

On the 1 hour chart, there’s
not much else we can add, but if we get a rejection here, we can expect the
buyers to lean on the upward trendline to keep pushing into new highs, while
the sellers will look for a break lower to increase the bearish bets into new
lows. The red lines define the average daily range for today.

Upcoming
Catalysts

Tomorrow we get the US CPI report and the US Flash PMIs.

This article was written by Giuseppe Dellamotta at investinglive.com.