Forex and Crypto News: UK CPI Countdown, Bitcoin Flows

This week’s forex and crypto news centres on inflation. Canada’s CPI came in below forecasts, the UK and New Zealand release their own numbers on Tuesday, and Bitcoin ETFs keep seeing money leave. Below is a live countdown to the next big releases, followed by the headlines that actually moved markets, with no predictions and no hype.

Forex and crypto news: inflation takes centre stage

Canada CPI: 3.1% against 3.2% expected. Canada's annual inflation rate rose to 3.1% in September, according to Investing.com. Notably, that is above the Bank of Canada's target, driven by gasoline prices, yet slightly below the 3.2% the market expected. As a result, USD/CAD bounced after the release, as reported by investingLive.

UK CPI: the next big test for the pound. UK inflation for September is due on Tuesday, 21 October, at 7 am London time (11:30 am IST). The forecast is 3.4%, up from 3.1%. Therefore, a surprise in either direction usually moves GBP/USD and UK stocks within seconds. The countdown above shows exactly how long is left.

New Zealand CPI later on Tuesday. After that, New Zealand's quarterly inflation lands at 10:45 am on Wednesday in Wellington, which is still Tuesday evening in Europe. The forecast is 0.8% for the quarter, down from 1.5%. As a result, NZD/USD traders will watch it closely.

Euro slips on French unrest. Meanwhile, the euro dipped as unrest in France weighed on sentiment, while the Australian dollar was lifted by Chinese growth data, Investing.com reported. In addition, US Treasury yields eased near one-month lows.

Forex and crypto news: ETF outflows and treasury buying

Bitcoin ETFs shed nearly $1 billion. US spot Bitcoin ETFs saw close to $1 billion leave over two weeks, Decrypt reported. In other words, it is a clear sign that big investors are cautious this month.

Companies keep buying Bitcoin and Ether. At the same time, company treasuries kept adding. Strategy bought another 267 BTC for about $22 million, and Strive added 1,223 BTC for $100 million, taking its total to 36,818 BTC, according to The Block. On the Ether side, Bitmine added 12,535 ETH, bringing its treasury to about 6.04 million tokens.

Security: Cysic bridge exploit. Cysic paused its bridge after an attacker minted tokens and moved about $727,000 to Ethereum, The Block reported. For this reason, exploits like this are a reminder to keep funds on well-secured exchanges and to use a hard stop loss.

Banks move on-chain. JPMorgan is expanding its JPM Coin deposit token to Ethereum for institutional clients. Similarly, Revolut secured a crypto licence in Gibraltar to support its international plans.

How to follow forex and crypto news without the noise

Most news feeds mix real events with guesses and opinion. The Trading Armour terminal's news panel filters that out. Instead, it keeps only impactful headlines, such as rate decisions, data releases, hacks, lawsuits, listings and big flows. Then it pins upcoming releases on top with a live countdown, exactly like the one above.

So when UK CPI arrives, you see it coming. If you trade with the bot, it also respects your trading hours and its daily limit. To learn more about timing, read our guide to crypto trading hours and how the 24/7 crypto trading bot learns.

Key forex and crypto news dates this week

• Mon 19 Oct: Canada CPI, 3.1% y/y (released).
• Tue 21 Oct, 11:30 am IST: UK CPI, forecast 3.4%.
• Wed 22 Oct, 3:15 am IST: New Zealand CPI, forecast 0.8% q/q.

Finally, this article reports news only. It is not financial advice, and trading is risky.

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