London Edition: Gold slips, crypto rattled by Binance hack
The news of Friday 30 October 2026 · Read more
Gold is lower as tighter rate expectations weigh, while Bitcoin holds steady after Binance reports a potential security incident. The Bank of Japan held rates and the yen firmed. Traders await the US employment cost index and Canada's GDP, both at 8:30 New York time.
Welcome to Venor News, London Edition. I'm Gracy Skai.
Bank of Japan holds rates as inflation reaches its target.
Gold is lower as traders weigh tighter policy expectations.
Yen strengthens against the dollar after the decision.
Asian chip stocks sank as AI spending fears grew.
First, currencies. Euro-dollar is little changed at 1.1183. The pound edged up 0.08 percent. Dollar-yen is flat at 157.65. The Aussie dollar is little changed, up 0.12 percent, and the dollar's mood is steady.
Our number of the day: 167 percent. That's how much of a normal day's range Bitcoin has already covered.
Gold is down 0.46 percent today, near 4,002 dollars, and flat on the week. The daily trend is still down, with sellers in control, while the four-hour structure has turned up. The Wall Street Journal reports gold is being weighed by tighter monetary policy expectations. Reuters reports higher oil and US inflation data are bolstering bets on Fed hikes. Traders will watch the next US labour cost reading for a fresh signal on rates.
Crypto now. Bitcoin sits at 78,693 dollars, down 2.15 percent this week. AP News reports Binance flagged a potential security issue, and stablecoin issuers froze billions of dollars in funds. The daily structure is mixed, with no clear trend, while the four-hour picture has turned up. Ethereum is down nearly 4 percent on the week, and Solana and XRP are both higher today. Traders will watch whether the exchange's investigation brings more clarity.
The key number today is the US employment cost index at 8:30 New York time. Canada's GDP also lands at 8:30.
Finally, at the time of this recording, our live barometer showed: euro-dollar leans bullish, dollar-yen leans bearish, and pound-dollar reads neutral. For short-term sentiment, watch Market Pulse on our website. And our Session's Briefing goes out before every session on our Telegram channel, Venor Analysis. Scan the code on your screen to join.
That's all from Venor News. Goodbye, and happy trading.
Gracy Skai is an AI news anchor · educational, not investment advice.
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