A former Australian company director has pleaded guilty to taking more than A$1.5 million (about US$1 million) from investors who were told their money would go into foreign exchange trading.Trent Bowden entered the plea in the Perth Magistrates Court on June 26, the Australian Securities and Inves…
MARKETS SWIVEL ON TECH, MIDEAST ANGSTThe halt to the latest tit-for-tat attacks in the Middle East spurred a twitchy reaction in markets as lingering unease over stretched tech valuations and the prospect of higher-for-longer rates compounded doubts about a ceasefire that has struggled to hold.Oil…
By Jiaxing LiThe U.S. dollar held firm on Monday, on track for its biggest monthly gain in nearly a year, as Gulf tensions and elevated Treasury yields underpinned demand ahead of key jobs data later in the week.The U.S. and Iran traded fresh barbs over the weekend before they agreed to stop tit-fo…
A quick look into South Africa’s Over-the-Counter Derivatives Providers (ODP) licence registry reveals an interesting trend: out of 70 non-banks on the register, 4 companies gave up their licenses, while 26 withdrew their applications. IG Group was one of the big names that established a presence t…
The rupiah edged lower toward IDR 17,860 per U.S. dollar on Monday after briefly strengthening below IDR 17,810, pressured by broad dollar strength ahead of the monthly U.S. jobs report later this week.Locally, focus is shifting to June inflation after headline figures quickened to 3.08% in May, ne…
A look at the day ahead in European and global markets from Ankur BanerjeeThe halt to the latest tit-for-tat attacks in the Middle East spurred a twitchy reaction in markets as lingering unease over stretched tech valuations and the prospect of higher-for-longer rates compounded doubts about a ceas…
The South Korean won traded around 1,545 per dollar, extending losses near its lowest level in over three weeks as geopolitical tensions in the Middle East lifted oil prices and boosted demand for the US dollar.The United States launched fresh strikes on Iranian military targets after Tehran attack…
A shortage of stablecoins such as USDT in India has driven local market prices to a premium of more than 8.5%, following regulatory enforcement actions that disrupted supply.According to ChainCatcher, Economictimes reported that Indian law enforcement targeted entities providing crypto foreign-exch…
China's yuan was little changed against the dollar on Monday, as the greenback pulled back from a one-year high and the central bank launched overnight reverse repo operations, reinforcing efforts to manage onshore liquidity.Since the Federal Reserve's policy meeting in mid-June, expectations that…
The Indian rupee hovered around 94.3 per dollar, holding losses as higher crude oil prices, fueled by renewed US-Iran tensions, tempered demand for the currency.Brent crude rose a modest 0.6% to $72.44 per barrel after the latest exchange of strikes between the US and Iran highlighted lingering ris…
Port Vila, Vanuatu, June 29th, 2026, FinanceWireTitan FX is pleased to announce that its brand ambassador partnership with Keisuke Honda, the internationally recognised footballer, coach, investor and entrepreneur, has entered its second year.Titan FX is an online broker providing access to a wide…
The Indian rupee opened at 94.35 against the US dollar on Monday (June 29), compared with Thursday’s (June 25's) close of 94.40, as easing concerns over oil prices supported Asian currencies despite renewed hostilities between the United States and Iran.The rupee traded within a 94.15–94.92 range l…
The Indian rupee opened with a marginal gains on June 29, with fresh U.S.-Iran hostilities having little impact on oil prices, risk appetite and Asian currencies.The rupee opened 5paise higher at 94.35 against the US dollar on Monday, compared to Thursday's close of 94.40.According to Finrex, the I…
By Wayne ColeThe Australian and New Zealand dollars faced another tough week on Monday as markets wager on an early U.S. rate hike, while paring back expectations for tightening at home.The Aussie was flat at $0.6888 FX:AUDUSD, having shed 1.8% last week to three-month lows at $0.6875. The next maj…
The Japanese yen was little changed at around 161.7 per dollar on Monday, remaining close to its weakest level since 1986 despite data showing retail sales rose 5.3% in May, the fastest pace since November 2023, supported largely by a government stimulus package that boosted consumer spending.A str…
By Nimesh VoraThe Indian rupee is set to open largely flat to slightly weaker on Monday, with fresh U.S.-Iran hostilities having little impact on oil prices, risk appetite and Asian currencies.The rupee FX_IDC:USDINR is expected to open in the 94.40–94.44 range on Monday, traders said, after settl…
The Indian rupee outperformed its Asian peers as crude prices fell and capital inflows supported the currency, according to Bloomberg.Bloomberg said the Reserve Bank of India may need to allow the rupee to strengthen further before it resumes buying dollars.
The New Zealand dollar hovered near a seven-month low at around $0.564, weighed down by a broadly strong US dollar and growing concerns over the domestic growth outlook.Although the recent pullback in oil prices, following a US-Iran deal, has eased near-term inflation concerns, the broader economic…
The following table shows rates for Asian currencies against the dollar at 0219 GMT.
The dollar index was little changed at around 101.3 on Monday after reaching a more than one-year high last week, as investors awaited the latest US monthly jobs report for fresh clues on labor market strength and the outlook for Federal Reserve policy.Fed Chair Kevin Warsh reiterated the central b…
