Forex
Asian Currencies Drift as Traders Weigh Fed Path and Iran Tensions
Asian foreign exchange markets traded without clear direction on Friday as investors assessed the outlook for U.S. monetary policy and escalating geopolitical tensions.
Google acquires data from defunct U.S. airline Spirit for AI training
Tech giant secures large dataset from Spirit Airlines' bankruptcy estate to enhance machine learning models. Deal underscores AI industry's demand for high-quality training data.
Latin American currencies gain as Federal Reserve rate-hike bets ease
Latin American currencies advanced against the US dollar following a moderation in market expectations for further Federal Reserve interest rate hikes.
Switzerland Updates Sanctions Against South Sudan
The Swiss Federal Department of Economic Affairs, Education and Research has amended measures concerning South Sudan.
Switzerland Updates Sanctions Ordinances Concerning Moldova
The Swiss Federal Department of Economic Affairs, Education and Research has published an amendment to sanctions regarding Moldova.
Swiss Regulator FINMA Backs 'Too Big to Fail' Legislation
FINMA supports the Federal Council's consultation drafts aimed at strengthening Switzerland's banking stability and regulatory framework.
Goldman Sachs closes short THB/INR trade with modest gain
Investment bank exits Thai baht to Indian rupee short position after small profit, according to market sources.
US homebuilder confidence rises to 35 in August: NAHB
Index increases by 1 point from July, signaling slight improvement in housing market conditions amid mixed demand signals.
U.S. Treasury begins public comment process for GENIUS Act stablecoin rules
Agency seeks input on implementation of 2023 stablecoin legislation ahead of 2027 effective date.
BofA flags continued U.S. dollar weakness, NZD gains
Analysts at Bank of America Global Research project further depreciation in the greenback, with the New Zealand dollar poised to benefit.
Kushner, Netanyahu agree on Gaza path forward: Board of Peace
U.S. envoy Jared Kushner and Israeli PM Benjamin Netanyahu finalized a framework for Gaza reconstruction and governance during talks in Jerusalem.
Why Canada’s Inflation Surprise Is a Double‑Edged Sword for the Loonie
The latest CPI beat forces the Bank of Canada onto a tighter path, but higher rates could also dampen growth and reignite USD‑CAD volatility.
Iran’s rulers fear U.S. pressure amid economic strain and war
Iranian leadership weighs risks of further U.S. sanctions as economic instability and regional conflicts compound domestic unrest.
Canada prepares for 50% U.S. tariffs on $20 billion in goods
Ottawa warns of retaliatory measures as Washington targets Canadian exports with steep new duties.
Canadian dollar strengthens after inflation beats forecasts
Headline inflation in Canada rose 3.4% year-on-year in December, exceeding economist expectations and supporting the loonie's advance.
U.S. Treasury proposes stablecoin regulation under GENIUS Act
Draft rule outlines key definitions and regulatory scope for stablecoins under the 2025 GENIUS Act framework.
ByteDance strikes AI copyright deal with Hollywood trade group
TikTok owner ByteDance agrees to licensing terms with SAG-AFTRA to address AI-generated content concerns in entertainment industry.
Oil prices rise, bond yields climb as U.S.-Iran ceasefire expires
Crude futures advance as geopolitical risk resurfaces following the end of a temporary U.S.-Iran truce, lifting yields on U.S. Treasuries.
Iran warns of Strait of Hormuz action if U.S. diplomacy fails
Tehran threatens military escalation in key oil shipping route amid stalled nuclear talks and rising regional tensions.
Iran warns of escalation if U.S. fails to honor nuclear deal in weeks
Tehran threatens to increase uranium enrichment and regional activities if Washington does not lift sanctions and restore the 2015 accord within the specified timeframe.
USD/JPY trend faces pressure as yen strengthens past 150
Japanese currency hits 34-year high against dollar, testing intervention risks amid shifting policy expectations.
Banks settle Mexican bond rigging case for $86.4 million
Major banks agree to pay $86.4 million to resolve allegations of manipulating Mexican government bond prices in U.S. courts.
General Atlantic reconsiders IPO plans after 2023 filing
Private equity firm General Atlantic is evaluating a return to its IPO plans, nearly a year after its initial filing, according to a Wall Street Journal report.
Oil prices rise as Iran crisis fuels supply risks
Brent crude holds near $80 a barrel amid heightened tensions in the Middle East, with traders monitoring potential disruptions to oil flows.