Currency News - Page 3
183 articles
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
Emerging Market Currencies Reach New Highs as Dollar Weakens
A broad decline in the US dollar has pushed emerging market currencies to record levels, with several Asian and European currencies posting notable gains. Investors are watching policy signals and inflation risks as global uncertainty persists
U.S. Mint Unveils 2026 Trump $1 Coin for Semiquincentennial
The United States Mint will issue a President Donald J. Trump $1 coin as part of its 250th anniversary commemorative series, featuring his portrait and the Presidential Seal, available in rolls and bags but not for general circulation
Banks Hold Only a Fraction of Customer Data as AI Changes Finance
Financial institutions typically see just a small part of a customer's life, while technology companies and digital platforms now collect far more personal data-reshaping who can offer the most relevant financial services
Rupee Faces Oil Pressure as RBI Intervention Caps USD/INR Rise
Analysts expect the Reserve Bank of India to limit rupee losses against the US dollar in the coming quarters, but high oil prices and global risks could test the central bank's ability to maintain stability
Pound Sterling Faces Heightened Risk as UK Bond Yields Climb
The British pound is increasingly exposed to global bond market volatility, with UK government debt and inflation-linked bonds amplifying the impact of rising yields on sterling's value and the country's fiscal outlook
PBOC Signals Yuan Strength With Firmer USD/CNY Reference Rate
China's central bank set a stronger USD/CNY reference rate while holding lending rates steady, signaling a cautious approach to Yuan appreciation and ongoing policy support for the domestic economy
Flagstar Bank Begins Phased Shift to Fiserv Finxact Core Platform
Flagstar Bank is consolidating its legacy systems onto Fiserv's Finxact core, aiming to streamline operations and reduce technical debt after merging three institutions. The transition is part of a broader technology overhaul with no set go-live date.
Revolut Applies to Open Finnish Bank Branch Amid European Expansion
Revolut has submitted an application to establish a bank branch in Finland, aiming to offer local account numbers and expand its European presence following recent regulatory approval in Greece
UnionPay Expands E-Commerce Payments in Nine African Countries
UnionPay International and Standard Bank have extended their partnership to enable nearly 900 merchants in nine African markets to accept online payments in local and US dollars, broadening payment options for businesses and consumers.
FinovateFall 2026 Showcases Live Fintech Demos in New York
FinovateFall 2026 will bring over 2,000 senior banking and fintech professionals to New York for three days of live demonstrations, expert sessions, and targeted networking, highlighting the latest advances in payments, AI, and digital security.
Norwegian Krone Faces Pressure as Swedish Krona Gains Momentum
Bank of America highlights diverging economic trends and shifting interest rate expectations as key reasons for recommending a sell position on the Norwegian krone against the Swedish krona, with potential implications for cross-border payments and currency risk
New Coins Mark French Art, Caribbean Wildlife, and Racing Milestones
Commemorative coins released in France, Montserrat, New Zealand, and the UK highlight national heritage, wildlife, beekeeping history, and a century of British Grand Prix racing, offering collectors new designs and stories
Pound Holds Ground as UK Inflation Matches Expectations
Sterling remained steady after UK inflation data for July aligned with forecasts, easing immediate pressure on the Bank of England to raise rates despite concerns over future energy costs and price trends
Pound Falls Against Euro as US Bond Moves Shake Markets
The British pound dropped to its lowest level against the euro since July after US Treasury bond purchases unsettled global markets, highlighting how shifts in US policy can ripple through major currency pairs and affect cross-currency rates.
US Dollar Slides to Three-Month Low as Treasury Buybacks Expand
The US dollar weakened sharply after the Treasury Department increased buybacks of long-term bonds, easing pressure on yields and shifting currency dynamics across Asia and beyond
Pound Weakens Against Euro as ECB Rate Outlook Holds Firm
The British pound slipped against the euro after UK inflation data failed to boost Sterling, while persistent Eurozone price pressures reinforced expectations that the European Central Bank could maintain a tighter policy stance.
Pound Sterling Rises Above 1.36 as US Dollar Weakens
The Pound to Dollar exchange rate climbed to its highest level since May, driven by falling US Treasury yields and a broadly neutral UK inflation outlook, shifting expectations for both currencies in the near term
US Treasury Buyback Expansion Raises Dollar Weakness Risks
The US Treasury's decision to double its long-end buyback operations is drawing comparisons to past Federal Reserve interventions, with analysts warning of potential further declines for the US dollar as market dynamics shift.
Australian Dollar and Swedish Krona Stand Out in G10 Currency Outlook
Morgan Stanley's latest G10 currency scorecard singles out the Australian Dollar and Swedish Krona for bullish prospects, while the US Dollar, Pound, and Yen face renewed pressure as central banks pause and market risks shift
Swiss Franc Faces New Pressure as Carry Trade Shifts from Yen
Recent US-Japan intervention to support the yen is prompting investors to reconsider the Swiss franc as a funding currency, raising questions about future exchange rates and the impact on Swiss exporters and policymakers
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