DUBAI, UAE – June 29, 2026: Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand the global reach of its Quick Remit solution, enabling Mashreq’s customers to transfer money abroad through its digital banking channels. Throug…
Integration with Saber Money brings India rupee payout and Eurozone and UK payment access to OwlPay Harbor, opening a near real-time settlement path into one of the world’s largest cross-border payment marketsNASDAQ:OWLS) and Saber Money open settlement into India in Indian rupees through OwlPay Ha…
By Jaspreet KalraThe Indian rupee lumbered in a thin band before ending modestly weaker on Monday as a decline in local stocks eroded the boost to market sentiment from gains in Asian currencies after the U.S. and Iran agreed to halt recent hostilities.The rupee FX_IDC:USDINR settled at 94.54 per d…
By Peter StonehamThe New Zealand dollar has been losing value against the U.S. currency for a number of years and the longer-term technical picture suggests it can continue to fall for some time.Click here for a more detailed chart.The decline in the New Zealand dollar — also known as the kiwi — ha…
0950 GMT - U.S. Treasury yields rise in European trade reflecting the market's continued expectation of Federal Reserve rate hikes, while the dollar is slightly lower as the U.S. and Iran make renewed diplomatic efforts for a peaceful resolution. "Although tensions escalated during the last few day…
U.S. Treasury yields rise in European trade reflecting the market's continued expectation of Federal Reserve rate hikes, while the dollar is slightly lower as the U.S. and Iran make renewed diplomatic efforts for a peaceful resolution. "Although tensions escalated during the last few days, sentimen…
European Central Bank policymakers could provide some support to the euro if they keep alive the prospect of interest rate rises at the ECB's forum in Sintra, Portugal from Monday to Wednesday, ING's Francesco Pesole says. "The preference emerging from the many ECB speakers this week may well be to…
Central European currencies stabilised on Monday, as investors digested a brief flare-up in the Middle East conflict and awaited local and core market data due later this week.Iran and the United States agreed to halt recent hostilities in the Gulf and renew talks regarding their dispute over the S…
By Amanda CooperThe dollar was headed for its biggest monthly gain in nearly a year on Monday, supported by the growing chances of rate rises and optimism about the U.S. economy, as investors watched developments in the Gulf ahead of a key jobs report later this week.The U.S. and Iran traded fresh…
Sterling could weaken against the euro despite its recent resilience after U.K. Prime Minister Keir Starmer announced his resignation last week, ING's Francesco Pesole says in a note. Andy Burnham is widely expected to succeed Starmer. In recent days Ed Miliband has emerged as the frontrunner to be…
JPMorgan’s blockchain unit Kinexys has expanded its global Blockchain Deposit Account (BDA) network by adding accounts denominated in Hong Kong dollars and renminbi, according to Ming Pao.
Russia's central bank said on Monday that it would cut foreign currency sales to 0.58 billion roubles ($7.37 million) a day in the second half of 2026 from 4.62 billion roubles in the first half of the year, withdrawing some support for the rouble.The central bank's operations, which account for up…
A Supreme Court ruling this week on President Trump's attempt to fire Federal Reserve governor Lisa Cook poses a potential headwind to the dollar, ING's Francesco Pesole says in a note. If the ruling supports Trump's bid, that could "reignite some Fed independence concerns which could weigh substan…
TraderEvolution has connected its trading platform to TRAction's regulatory reporting service, giving brokers a route to file EMIR and MiFIR transaction reports without exporting data by hand.The two companies announced the integration today (Monday), the latest in a run of platform tie-ups for the…
DUBAI, UAE: Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand the global reach of its Quick Remit solution, enabling Mashreq’s customers to transfer money abroad through its digital banking channels. Through this collabora…
The British pound rose to $1.322 on Monday, attempting to rebound from a seven-month low, as investors are closely watching Andy Burnham’s upcoming speech for insights into his economic approach.Burnham, the sole declared candidate to succeed Prime Minister Keir Starmer, is expected to advocate for…
The euro climbed back above $1.14, rebounding from one-year lows hit last week, as investors are now focusing on the ECB’s Sintra Forum and upcoming inflation data from Europe’s major economies.ECB President Christine Lagarde will open the forum on Monday, with the most anticipated panel on Wednesd…
By Emily Ou YongJapanese rubber futures edged higher on Monday, supported by a rebound in oil prices and a near 40-year low in the yen, though improved supply capped gains.($1 = 161.7800 yen)($1 = 6.7929 yuan)
By Amanda CooperThe pound, set for its largest monthly drop since March, held steady on Monday ahead of a much-anticipated speech from Andy Burnham, Britain's likely next prime minister, which investors will scour for clues on his thinking on the economy.Burnham, who returned to Westminster this mo…
The South African rand edged up in early trading on Monday as investors awaited a batch of month-end economic data to assess the state of Africa's largest economy, while also monitoring anti-immigration protests planned for Tuesday.
