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CNY Strength Supported by Bullish Official Guidance
(1 September 2022 – China) The Chinese Yuan (CNY) bounced and trended higher this week, surpassing the key barrier of 6.9 per dollar as surprisingly strong official guidance […]
(1 September 2022 – China) The Chinese Yuan (CNY) bounced and trended higher this week, surpassing the key barrier of 6.9 per dollar as surprisingly strong official guidance […]
(24 August 2022 – United States) Citigroup’s Global Head of Foreign Exchange (FX) Itay Tuchman has announced he is departing the Bank after almost six years in the […]
(15 July 2022 – United Kingdom) Finastra and HSBC announced they have partnered to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service […]
(30 May 2022 – Switzerland) International Monetary Fund (IMF) Managing Director Kristalina Georgieva strongly encourages market participants to avoid outright dismissing cryptocurrency technology after the sudden collapse of […]
(17 May 2022 – Hong Kong) The Hong Kong Monetary Authority (HKMA) intervened to stop the Hong Kong Dollar (HKD) trading beyond the lower end of its accepted range […]
(20 April 2022 – China) Blackrock plans to launch its first exchange-traded fund (ETF) in mainland China, marking the first wholly-owned foreign fund manager to tap the onshore […]
(12 April 2022 – United States) Seven months after Goldfinch Partners and The Baupost Group announced they were acquiring Western Union Business Solutions (WUBS) for US$910m, the company […]
(25 February 2022 – Global) A group of Swift veterans have unveiled a global payment addressing service for banks and fintechs that promises to make transferring money around […]
(23 December 2021 – Turkey) As Turkey suffers a debilitating currency crisis after the country slashed interest rates at the urging of President Recep Tayyip Erdogan in the […]
(21 December 2021 – Australia) Business and retail FX provider OFX has agreed to acquire Canadian rival Firma Exchange Corporation for C$90 million (A$98 million). The acquisition is […]