| | Make or Break Week for Crypto |
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| | Crypto wants clarity. September 15 is when it finds out if it gets any. The US Senate holds a key vote on the CLARITY Act. The bill can give crypto businesses clearer US rules and reduce uncertainty. |  | | Source: MultiBank Group | | | The bill gets approved, triggering optimism that can start a crypto rally. |
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| | | The bill gets rejected, and likely stalls until the next Congress in 2027, sparking a crypto selloff. |
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| | Whatever the outcome, brace for a volatile week in crypto starting Tuesday. | | Trade Bitcoin, Ethereum, and other cryptocurrencies, commission-free. | |
| | | Gold awaits Fed’s decision | | Last week, gold failed to break the $4,500 threshold. Whether the non-interest paying metal climbs back above $4,500 hinges on the US Federal Reserve’s interest rate decision on Wednesday. Markets are now leaning toward a hike, pricing a near 70% probability. |  | | Source: MultiBank Group | | | Hike to 3.75-4.00% | | A rate hike with more increases indicated ahead, can lift yields and limit gold's upside. |
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| | | Stable at 3.50-3.75% | | A hold paired with dovish post-meeting commentary, can give gold wide room to climb. |
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| | In a pivotal week for the rest of the year, gold might see heightened volatility. | | Trade gold with spreads from 2 cents and leverage up to 1:1000 | |
| | | Japanese Yen on the Edge | | The Japanese yen reached a seven-month high last week, driven by rising expectations of an interest hike by the Bank of Japan (BOJ) this week, its second this year, alongside a broader unwind of yen carry trades. | | What’s the Yen Carry Trade? | | For years, investors borrowed cheap yen at near-zero rates to fund higher-yielding assets elsewhere. The BOJ's rate hikes since 2024 have steadily eroded that edge, making the yen carry trade risker. |
|  | | Source: MultiBank Group | | | BOJ hikes interest rate and signals more increases ahead, driving more yen buying. |
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| | | BOJ holds and signals a slower rate hike path ahead, driving more yen selling. |
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| | This central bank week could shake up forex, with the yen leading the story. | | Trade major FX pairs with spreads from 0.0 pips and leverage up to 1:1000 | |
| |  | Mark Your Calendar |
| | | Day | Event | | Wed | | UK CPI YoY (Aug) | | US Retail Sales MoM (Aug) | | Fed Interest Rate Decision (Sep) | | US FOMC Economic Projections | | US FOMC Press Conference |
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| | Thu | | Eurozone CPI YoY (Aug) | | BoE Interest Rate Decision (Sep) | | US Weekly Initial Jobless Claims | | US Philadelphia Fed Manufacturing Index (Sep) |
| | Fri | | BOJ Interest Rate Decision (Sep) |
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