Currency News - Page 7
183 articles
Visa Moves to Acquire BioCatch as TMX Group Reshapes US Markets
Visa's planned $2.4 billion acquisition of BioCatch and TMX Group's $800 million investment in MEMX highlight a week of major fintech deals, regulatory fines, and new banking ventures with global implications for payments and compliance
Rabobank to Invest €2 Billion in AI and Data Overhaul by 2029
Rabobank will allocate up to €2 billion over three years to expand its artificial intelligence and data infrastructure, aiming to modernize operations and improve services for its customers in the Netherlands and beyond
Japan and US Intervene to Support Yen, Targeting USD/JPY Below 155
Japan and the United States have jointly intervened in currency markets to strengthen the yen, aiming to push the USD/JPY rate below 155. The move highlights the scale and complexity of coordinated interventions and their impact on global reserves
US Support for Japanese Yen Faces Structural Obstacles
Recent US intervention to bolster the Japanese yen is unlikely to deliver a lasting turnaround, as Japan's policy priorities, interest-rate gap, and intervention design continue to favor a weaker yen and support exporters
Japanese Yen Faces Ongoing Pressure Despite Intervention Efforts
The Japanese yen remains under sustained downward pressure as investors weigh fiscal risks, Bank of Japan policy, and persistent structural selling, even as coordinated intervention and foreign investment offer some support
Currency Futures Show Diverging Trends as Stock Index Contracts Rise
Open interest in major currency futures shifted in different directions for the week ending August 4, with the Mexican peso and Australian dollar gaining ground while the British pound and Brazilian real saw notable declines
Rare $47,300 Saint-Gaudens Coin Highlights July US Auction Premiums
A 1924 Saint-Gaudens Double Eagle graded CACG MS67 sold for $47,300 in July, far outpacing similar coins and illustrating how certification and condition can drive dramatic price differences in the US rare coin market
Pound Sterling Faces Pressure as Bank of England Holds Rates
The Bank of England's decision to keep rates steady has left Pound Sterling exposed, with its previous interest rate advantage fading as other central banks consider further hikes
US Dollar Weakness Driven by Rates, Not Debasement, Says BofA
Bank of America research finds the recent decline in the US dollar is mainly due to shifting short-term interest rate differentials, not a renewed loss of confidence in the currency's value or a return to the debasement narrative
Pound Sterling Faces Prolonged Slide Against Euro
Rabobank expects the pound to lose most of its 2026 gains versus the euro, citing political uncertainty, fiscal challenges, and shifting interest rate expectations as key risks for the UK currency in the coming quarters
US Mint's 2026 Commemorative Coin Sales Signal Renewed Collector Interest
Sales of the US Mint's Semiquincentennial and FIFA World Cup coins are drawing new attention from collectors, with early demand suggesting these releases could help revive interest in physical currency collecting as the 2026 anniversary approaches
Cambodia Warns of AI-Generated Counterfeit Banknotes Threat
Cambodia's central bank is alerting the public to a new wave of AI-generated counterfeit riel banknotes, raising concerns about the impact on currency trust and the ongoing dominance of the US dollar in daily transactions
US Dollar Rises as Yen Weakens After Joint Intervention
The US dollar climbed to a one-week high, supported by safe haven demand and higher Treasury yields, while the Japanese yen slipped past 158 per dollar despite recent coordinated intervention efforts
Asian Currencies Hold Steady as Dollar Gains on Geopolitical Risks
Major Asian currencies traded in tight ranges as investors weighed uncertainty over Iran negotiations and awaited key U.S. jobs data, with the U.S. dollar benefiting from its safe-haven status amid rising Treasury yields
ANA Launches Worth Its Weight Podcast Live at 2026 World's Fair of Money
The American Numismatic Association will debut its Worth Its Weight podcast with a live recording at the 2026 World's Fair of Money in Pittsburgh, offering collectors and the public new insights into the stories behind coins and currency.
Canadian Dollar Expected to Stay Stable Before Modest Strengthening
Analysts anticipate the Canadian dollar will hold its ground against the US dollar in the coming months, with only gradual appreciation forecast over the next year as economic differences between Canada and the US narrow
World's Fair of Money 2026 Highlights Rare Coins and Modern Innovation
The World's Fair of Money returns to Pittsburgh in August, featuring rare coin exhibits, modern mint innovations, and educational events for collectors and currency enthusiasts at all levels.
Coin Collecting Knowledge Shields Buyers as US Tax Exemptions Shift
Coin and precious metals collectors face changing sales tax rules across US states, with recent legislative moves affecting exemptions and highlighting the value of numismatic expertise for buyers and sellers
Pound Sterling Faces Key Test Against US Dollar as Trends Collide
The pound's recent gains against the US dollar are being squeezed between major technical barriers, with intervention-driven volatility and US rate expectations shaping the outlook for GBP/USD in the coming week.
Pound Sterling Weakens as Yield Spreads Narrow Against Euro and Dollar
Pound Sterling has lost ground against both the Euro and US Dollar as key bond yield spreads narrow, with global market shifts and oil prices driving the move in the absence of major UK economic news
How Houston Dealers Shape the US Coin and Bullion Market
Houston-based dealers specializing in gold, silver, and rare coins are influencing how collections, estate inventories, and precious metals are valued and traded in the United States. Their practices affect both collectors and businesses seeking liquidity.
Collectors Uncover Rare Coins and Surprises in Summer Finds
From rare 19th-century coins to unexpected discoveries in everyday change, collectors across the United States and beyond are reporting notable finds this summer, highlighting the ongoing appeal and unpredictability of coin collecting
Rare Coin Auctions Defy Gold and Silver Price Declines
Despite falling gold and silver prices, demand for rare coins at major auctions remains strong, with collectors and investors seeking key pieces and record prices achieved for select issues
Yen Holds Above Intervention Lows as US and Japan Act to Stabilize
The Japanese yen remains well above its recent four-decade low after rare joint intervention by the US and Japan. Market attention now turns to the durability of this support and the broader impact on Asian financial stability.
How Rate Checks Signal Possible Currency Intervention in USD/JPY
A rate check occurs when monetary authorities request tradable exchange rates from banks without executing a transaction, signaling close monitoring and possible intervention. This tactic can influence currency markets and deter speculation without immediate financial action
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