What to watch in the US session

The backdrop is a familiar two-track tape: risk-off pressure persists — Seoul’s 5.7% plunge and crude’s climb keep the cautious tone — but crypto is singing louder. The SEC’s proposed framework, with its $75M fundraising path and safe-harbor nod, plus Trump hosting crypto executives, gives digital assets a constructive counter-melody. In short, the story continues rather than reverses.

The window is light on data, heavy on words. Crude Oil Inventories is a low-impact warm-up. President Trump Speaks adds a medium-volatility variable. Then FOMC Minutes take centre stage — watch whether they firm up or push back on rate-cut expectations. That’s the clearest swing factor for the dollar, and by extension the board.

The technical gauge is mostly neutral: EUR/USD, GBP/USD, USD/JPY, gold and oil all await a dollar catalyst. Bitcoin and ether lean bullish on the regulatory-optimism beat. Oil inventories could add a footnote to crude’s climb, and fresh crypto headlines from the White House could keep the upbeat chord going. Read the tape; let the session write the next line.