Dollar Slips and Bitcoin Soars Ahead of Key Economic Data and Fed Meeting

The dollar index dipped as U.S. Treasury yields fell ahead of key economic data and the Fed's upcoming policy meeting.

Bitcoin soared on speculation that the U.S. could soon approve a bitcoin ETF.

Attention turns to U.S. flash PMI data and GDP figures before the Fed's Oct 31-Nov 1 meeting.

The yen hovered near 150 per dollar, prompting concerns of possible intervention if it crosses that threshold.

In crypto markets, bitcoin jumped to a 2-1/2 year high on the bitcoin ETF speculation.