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"Asian currencies rangebound as dollar, euro hold near multi-month extremes"
Asian currencies were largely rangebound on Tuesday as elevated U.S. Treasury yields supported the dollar near an 18-month high. The euro remained near a 17-month low, pressured by political uncertainty, fiscal concerns and concerns over higher energy costs.
Investors continue to weigh reduced expectations for an October Fed hike against persistent inflation pressures that could require tightening later. Attention also turns to Wednesday’s Reserve Bank of India decision, with markets expecting a rate increase that could provide some support to the rupee.
"Bitcoin rises near $86k as softer jobs data offsets pressure from high yields"
Bitcoin rose on Monday as weaker-than-expected U.S. jobs data reduced expectations for an October Federal Reserve rate hike. However, elevated Treasury yields and a relatively firm dollar limited gains, while inflows into U.S. spot Bitcoin ETFs provided support.
Focus remains on whether Bitcoin can sustain its recent gains. Persistent inflation concerns, including higher energy costs linked to the Middle East conflict, continued to constrain expectations for easier Fed policy, with investors cautious about drawing conclusions from one weak jobs report.







