Currency News - Page 12
428 articles
Tokenised Deposits, Stripe's $7bn Deal and US Stablecoin Bank Lead Fintech Week
Major fintech developments this week include the first live tokenised deposit on Swift's blockchain ledger, Stripe's $7bn acquisition of OpenRouter, and US approval for a Trump-backed stablecoin trust bank. Executive changes and a $448m bank merger also feature
Reserve Bank of India Returns to Net Dollar Purchases in June
After two months of net foreign currency sales, the Reserve Bank of India shifted course in June, buying $561 million as the rupee stabilized and capital inflows surged following new policy measures
Rare Irish 'Ploughman' Banknotes With 000001 Serial Numbers Break Records
A trio of exceptionally rare Irish 'Ploughman' banknotes, each with the 000001 serial number, sold for nearly double their combined estimate at recent auctions, highlighting the strong demand for unique historical currency among collectors
MPS Launches €34bn Bids for Banco BPM and Banca Generali
Banca Monte dei Paschi di Siena is seeking to acquire Banco BPM and Banca Generali in a €34 billion all-share offer, aiming to reshape Italy's banking sector and create a new national leader with expanded scale and capabilities
Crayola Silver Crayon Series Launches at 2026 ANA Money Fair
A new collectible series transforms the iconic Crayola crayon into a 1.5-ounce .999 fine silver piece, debuting at the 2026 ANA World's Fair of Money in Pittsburgh and expanding into a multi-year program for collectors
Dollar Faces Ongoing Pressure Ahead of Warsh's Jackson Hole Speech
Citi expects the US dollar's recent weakness to persist despite upcoming remarks from Federal Reserve Chair Kevin Warsh at Jackson Hole, citing valuation and market positioning as key risks rather than a sudden policy shift
Euro to Dollar Outlook: Trendline Break Signals Further Gains Possible
The euro has broken its year-long downtrend against the US dollar, trading above key technical levels. Analysts expect a period of consolidation before the next move, with inflation data and central bank signals in focus.
GBP/CAD Poised for Upside as Canada-US Trade Talks Collapse
The Pound-to-Canadian Dollar rate is testing resistance after Canada-US trade negotiations broke down and new tariffs took effect, with markets now watching for Canadian retaliation and the next move in the currency pair
Canadian Dollar Drops as US Tariff Threats Escalate Trade Tensions
The Canadian dollar lost ground against the US dollar after new US tariff threats on Canadian autos and steel, raising concerns for exporters and cross-border supply chains as trade negotiations falter
Global Bond Markets Stall as US Plans Sweeping Iran Sanctions
Government bond yields in Europe and Japan paused after weeks of volatility, as investors await new US sanctions on Iran and signals from central banks. The risk of further disruption to energy flows and inflation remains a key concern for markets
US Dollar Holds Near Three-Month Lows Amid Trade and Sanctions Risks
The US dollar remains under pressure as markets weigh the impact of renewed trade tensions with Canada and the threat of expanded sanctions on Iran, raising questions about the dollar's traditional yield advantage and global currency stability
Pound Faces Pressure as Australian Inflation Data Looms
The Pound-to-Australian Dollar rate is testing a key support after six weeks of narrowing moves, with upcoming Australian inflation figures expected to determine whether the pair breaks lower or finds relief
US Dollar Faces Pressure as Treasury and Fed Policy Scrutinized
The US dollar is under renewed pressure as investors question whether Treasury bond buybacks and the Federal Reserve's policy stance could undermine confidence in American economic management, with implications for global exchange rates
US Dollar Faces Pressure as BCA Research Favors Asian and European Currencies
BCA Research signals a shift away from the US dollar, highlighting weakening real yields and reduced foreign investment as reasons to favor the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar, and euro
Euro to Dollar Forecast Revised as US Debt Concerns Weigh on USD
Analysts at Rabobank have raised their short-term outlook for the euro against the US dollar, bringing forward their 1.18 EUR/USD target as worries over US government debt and Treasury markets put pressure on the dollar's safe-haven status
Australian Dollar Holds Yield Advantage Over New Zealand Dollar
Diverging interest-rate expectations and energy market dynamics are giving the Australian dollar a relative edge against the New Zealand dollar, but market positioning and inflation risks could trigger sharp reversals
US and Japan Coordinate to Stabilize Yen Amid Currency Pressures
A rare joint intervention by the US and Japan highlights growing policy coordination as both countries seek to address yen weakness and its broader economic and security implications
US Mint to Issue Freedom 250 Medal for Washington IndyCar Race
The United States Mint will release a limited-edition Freedom 250 Race Medal in August 2026, marking the first IndyCar event in Washington, D.C. and connecting American coinage with motorsport history through a unique collector's piece
NZD/USD, USD/JPY, and AUD/USD Face Key Tests as Policy Shifts Loom
The New Zealand, Japanese, and Australian currency pairs are set for heightened volatility as central bank meetings, inflation data, and shifting global capital flows drive market direction in the coming week
Fintech Funding, Acquisitions, and AI Trends Reshape Payments in 2026
Major fintech developments this week include new venture capital rounds, strategic acquisitions, and regulatory shifts, with programmable banking and AI-driven services gaining momentum across payments and banking sectors
Pound Sterling Slips as UK Retail Sales Fall in July
UK retail sales declined in July, leading to a modest dip in Pound Sterling against major currencies. Despite the setback, analysts see underlying consumer spending as resilient, with inflation and seasonal factors shaping the outlook
EUR/USD Outlook Rises as Policy Gap Widens Between Fed and ECB
UBS has raised its EUR/USD target to 1.20, citing diverging monetary policies as the Federal Reserve signals a pause while the European Central Bank leans toward further tightening. The shift could influence currency costs and international payments.
UBS Maintains Neutral View on Yen as Policy Gap Persists
UBS continues to hold a neutral outlook on the Japanese yen, citing the ongoing divergence between Federal Reserve and Bank of Japan policies, and expects the USD/JPY exchange rate to remain elevated in the coming years
Sterling's Yield Edge Drives Pound Higher Against Euro
The British pound is forecast to gain further ground against the euro as investors respond to its yield advantage and recent economic stability, but political risks and European recovery could still alter the outlook
NZD/USD Outlook Strengthens as Bank of America Cites RBNZ Policy
Bank of America highlights the New Zealand dollar's prospects against the US dollar, citing a hawkish Reserve Bank of New Zealand and global food supply risks as key factors shaping its latest currency outlook
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