FOREX Trading Newswire
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Published on 06:35 GMTSource: SotNews - Label Pending
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Published on 10:22 GMT
Japan's top FX diplomat Kanda says cannot overlook 'speculative' yen moves
TOKYO : Japan's top currency diplomat, Masato Kanda, said on Monday current developments in the exchange-rate market were "speculative, rapid and abnormal", and that they could not be overlooked. Kanda declined to comment when asked by …
Source: Channel News Asia - Pro-Government -
Published on 05:41 GMT
Yuan Devaluation Debate Surfaces as Traders Weigh Next FX Shock
(Bloomberg) -- There is quiet yet mounting speculation in financial markets that China will need to take an extreme and highly controversial measure to support its moribund economy — devalue the yuan in a big-bang move. Supporters of a sharp currency …
Source: BNN Bloomberg - Neutral -
Published on 10:07 GMT
Pakistan Is Considering Digital Currency Adoption Within Its Borders: FM Aurangzeb
A special session of the World Economic Forum (WEF) was recently held in Saudi Arabia. Finance Minister of Pakistan, Muhammad Aurangzeb attended the session. He revealed that the government is considering an initiative to introduce digital currency in …
Source: PhoneWorld - Neutral -
Published on 06:04 GMT
Naira weakens under renewed attack by crypto traders despite $17.938bn market turnover
Despite over $17 billion robust supply of the United States dollars in the Foreign Exchange (FX) Market which helped to shore up the naira to a little above N1000/$ this year, indications have emerged that the local currency had begun to fall faster …
Source: Tribune Online - Center-right -
Published on 07:25 GMT
Pakistan Considering Digital Currency Adoption, Says Aurangzeb
Pakistan is considering the possibility of introducing digital currency within its borders, Finance Minister Muhammad Aurangzeb said during a session of the World Economic Forum (WEF) on Sunday. Speaking at the event, Aurangzeb briefly discussed Pakistan’s …
Source: ProPakistani - Neutral -
Published on 09:49 GMT
Currency Dealers, Analysts List Factors Behind Naira’s 23% Depreciation In 4 Days
While the CBN’s intervention in the official Nigeria Foreign Exchange Market (NAFEM) on Friday led to the Naira’s appreciation in the parallel market, currency dealers and analysts remained cautious about the Naira’s outlook for the ensuing week, …
Source: Naija News - Uncategorized -
Published on 09:19 GMT
Naira Gains at parallel market, Exchanges N1,275/$
The naira strengthened against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of trading activity on Friday, …
Source: TechEconomy - Neutral -
Published on 03:34 GMT
Forex traders still in the game
He said the demand for the US dollar had since gone up after the arrest of their colleagues. AFTER evading police arrest last week, 34-year-old James, a Harare-based illegal foreign exchange dealer, is still in the game and has devised other means of …
Source: NewsDay Zimbabwe - Uncategorized -
Published on 04:52 GMT
Debunking Economic Myths: Strong currency doesn’t necessarily translate to a strong economy
By Oluwatobi Ojabello and Wasiu Alli Abiodun Oyekan, a capital market analyst, aptly compared evaluating a nation’s economic health to looking beyond someone’s appearance to understand their true character. He emphasised that just as a person’s outward …
Source: Business Day - Neutral -
Published on 04:42 GMT
Golden lining around dark cloud surrounding financial market
South African financial markets have to weather the storm that has pounded them over the past two months. Equity prices, the rand exchange rate, and bonds recovered strongly, as commodities – especially precious metal prices – remained elevated. The …
Source: IOL - Uncategorized -
Published on Apr 28, 2024
Naira rebounds to 1,275/$ at parallel market
The naira has demonstrated signs of strengthening against the United States dollar, appreciating by N125 to reach N1,275/$1 over the weekend. The new rate represents a 9.8 per cent increase when compared to N1,400 to a dollar it traded at the close of …
Source: The Punch - Center-left -
Published on 09:16 GMT
Most Asian currencies muted; stocks gain ahead of Fed rate decision
ASIAN emerging market currencies were subdued on Monday after inflation data in the United States further dimmed the prospects of interest rate cuts soon, with all eyes on the Federal Reserve's policy meeting later this week. The Indonesian rupiah …
Source: The Malaysian Star - Right-wing -
Published on 08:29 GMT
USD/JPY: An overextended intraday rally makes it vulnerable to a squeeze down with rumoured talks of FX intervention
USD/JPY extended its rally to hit 159.60 key long-term resistance (also the April 1990 secular swing high). Today’s Asian session’s swift upmove in USD/JPY has led to an increase in its volatility condition which increases the risk of FX …
Source: OANDA Market Pulse - Neutral -
Published on 02:31 GMT
Forex reserve constraints: SBP advises Chinese firm to get its DSRA minimized
ISLAMABAD: The dollar-strapped State Bank of Pakistan (SBP) has asked a Chinese power company to negotiate with its lenders to minimise the requirement of Debt Service Reserve Account (DSRA), as due to foreign exchange reserve constraints it is difficult …
Source: Business Recorder - Neutral -
Published on 08:10 GMT
Forex revenue gains propels RTG to sixfold rise in profitability
An increase in RTG’s conferencing business during the second half of 2023 supported the business while travel demand remained robust. HOSPITALITY group, Rainbow Tourism Group Limited (RTG), saw its profit after tax rise sixfold to ZWL$27,88 billion in the …
Source: The Standard - Label Pending -
Published on 00:44 GMT
Banks asked to find ways to raise forex inflow
The Bangladesh Bank (BB) yesterday asked commercial banks to raise the inflow of foreign currency amid the pressure on forex reserves and impending payment obligations. The central bank directive came during a meeting between BB Governor Abdur Rouf …
Source: Daily Star - Neutral -
Published on Apr 28, 2024
FX rates harmonisation: CBN abandons unification policy, re-introduces discriminatory rates
• BDCs on subsidy as four different rates emerge • Customs settles for below NAFEM rate, charges N1,164 • Naira pullback stokes fresh concern about stability • Senate seeks proactive measures to save currency The Central Bank of Nigeria (CBN) may have …
Source: The Guardian (Nigeria) - Uncategorized -
Published on 09:50 GMT
Security at forex bureaux
- Advertisement - Armed robbery is now common at bureaux de change in the country. In some cases, it had turned out fatal as the attacker or attackers killed their victim. This is becoming a serious threat to lives and properties and has the potential to …
Source: The Standard Gambia - Label Pending
Featured Releases
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Published on April 28, 2024 - 13:41 GMT
AIMS Secures Top 3 Spot in Forex Awards for Best Regional Sponsorship with Borussia Dortmund APAC Partnership
AIMS has been shortlisted for the prestigious Forex Sports Awards, securing a place in the Top 3 for the Best Regional Sponsorship category. LABUAN, FEDERAL TERRITORY OF LABUAN, MALAYSIA, April 28, 2024 /EINPresswire.com/ -- In a significant …
Distribution channels: Banking, Finance & Investment Industry, Companies ... -
Published on April 29, 2024 - 06:00 GMT
Audited Results for the year ended 31 December 2023
Audited Results for the year ended 31 December 2023 Serabi Gold plc (AIM:SRB,TSX:SBI), the Brazilian-focused gold mining and development company, today releases its audited results for the year ended 31 December 2023. HIGHLIGHTS Revenue of US$63.7 million …
Distribution channels: Media, Advertising & PR, Mining Industry ...
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Published on April 24, 2024 - 19:24 GMT
SBV takes more actions to stabilise foreign exchange rate
VIETNAM, April 24 - HÀ NỘI — The State Bank of Việt Nam (SBV) on Tuesday took measures including issuing treasury bills (T-bills) and net injecting money on the open market operation (OMO) channel to stabilise the market in the face of a surging USD/ …
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Published on April 24, 2024 - 12:10 GMT
Electronic Paper Display Market to Get an Explosive Growth with CLEARink Displays, Visionect, InkCase, Bridgestone
Global Electronic Paper Display Market 2024–2030 PUNE, MAHARASHTRA, INDIA, April 24, 2024 /EINPresswire.com/ -- A Qualitative Research Study Accomplished by HTF MI Title on "Global Electronic Paper Display Market Size, Status, Share, Growth …
Distribution channels: Consumer Goods ...
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Published on April 24, 2024 - 10:12 GMT
U.S. Economic Shifts: What They Mean for Global Markets and South Africa in 2024
JOHANNESBURG, GAUTENG, SOUTH AFRICA, April 24, 2024 /EINPresswire.com/ -- Last year was a watershed moment for financial institutions in the United States, defined by a surge in inflation that had not been seen in over four decades. With interest …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 26, 2024 - 20:35 GMT
Ebang International Reports Financial Results for Fiscal Year 2023
SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology and Fintech company, today announced its financial results for the fiscal year ended December 31, …
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Published on April 25, 2024 - 11:00 GMT
Nasdaq Reports First Quarter 2024 Results; Strong Execution Delivers Double-Digit Solutions Revenue Growth
NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the first quarter of 2024. First quarter 2024 net revenues1 were $1.1 billion, an increase of 22% over the first quarter of 2023, up 6% …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 25, 2024 - 10:55 GMT
Visteon Announces First Quarter 2024 Financial Results
VAN BUREN TOWNSHIP, Mich., April 25, 2024 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported first quarter financial results. Highlights include: Net sales of $933 million with a return to positive growth-over-market1 Net income of $42 …
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Banking, Finance & Investment Industry Press Releases
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Published on April 29, 2024 - 10:14 GMT
From Adversity to Achievement: Jamie Tilke Empowers Others Through “Vision in Motion”
Jamie Tilke, a former military serviceman, real estate investor, and entrepreneur dedicated to empowering individuals to overcome obstacles and achieve success. FAYETTEVILLE, NC, UNITED STATES., April 29, 2024 /EINPresswire.com/ -- Jamie Tilke, …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 10:07 GMT
Cinven Group's Institutional Accounts Reach Milestone with Over 100 Million Global Registrations
CHILDRESS, TEXAS, UNITED, April 29, 2024 /EINPresswire.com/ -- The UK's leading private equity firm, Cinven, announced today that its institutional accounts have surpassed 100 million registered users worldwide. This significant milestone …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 10:03 GMT
Cinven Group Announces Entry into South Korean Market with $2 Billion Investment to Support Asian Expansion Plan
CHILDRESS, TEXAS, UNITED, April 29, 2024 /EINPresswire.com/ -- Today, leading British private equity firm Cinven announced the establishment of a new branch in South Korea, committing $2 billion to propel its expansion across the Asian markets. …
Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ... -
Published on April 29, 2024 - 10:00 GMT
UNDIAGNOSED DISEASES NETWORK FOUNDATION (UDNF) ENCOURAGES COLLABORATION ON UNDIAGNOSED DISEASES AWARENESS DAY 2024
UDNF Partners with Wilhelm Foundation to Host 3rd Annual Undiagnosed Diseases Awareness Day Educational Event WASHINGTON, D.C., UNITED STATES, April 29, 2024 /EINPresswire.com/ -- The Undiagnosed Diseases Network Foundation (UDNF), a patient-led …
Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ... -
Published on April 29, 2024 - 09:58 GMT
Schindlers Attorneys Innovate with South Africa’s First AI Attorneys
Redefining Legal Services: Schindlers Attorneys Launches AI-Powered Counselors to Streamline the South African Legal Landscape MELROSE ARCH, GAUTENG, SOUTH AFRICA, April 29, 2024 /EINPresswire.com/ -- In a world where technology and law …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 09:28 GMT
Augmented Analytics in BFSI Market to Witness a Pronounce Growth Rate ~24.4% of CAGR by 2032 | IBM Corporation
Augmented Analytics in BFSI Market to Witness a Pronounce Growth Rate ~24.4% of CAGR by 2032 | IBM Corporation NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- Augmented analytics in the BFSI sector is revolutionizing …
Distribution channels: Banking, Finance & Investment Industry, IT Industry ... -
Published on April 29, 2024 - 09:03 GMT
At a CAGR of 45.7% | Buy Now Pay Later Market is Expected to Top Nearly $3.98 trillion in 2030- Afterpay, Perpay
At a CAGR of 45.7% | Buy Now Pay Later Market is Expected to Top Nearly $3.98 trillion in 2030- Afterpay, Perpay NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- The main purpose of buy now pay later is to eliminate the …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 08:59 GMT
Support the Al-Kafarna Family’s Journey from Gaza to Safety in Egypt Amidst Regional Conflict
The Al-Kafarna family seeks refuge in Egypt due to the ongoing conflict in Gaza. Help them reach safety by supporting their fundraising campaign GAZA, GAZA STRIP, PALESTINE, April 29, 2024 /EINPresswire.com/ -- The Al-Kafarna family, led by …
Distribution channels: Banking, Finance & Investment Industry, Human Rights ... -
Published on April 29, 2024 - 08:28 GMT
Digital Lending Platform Market Expected to Surpass $20.31 Billion, Showing Exponential 16.7% CAGR Through 2027
Digital Lending Platform Market Expected to Surpass $20.31 Billion, Showing Exponential 16.7% CAGR Through 2027 NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- The digital lending platform help banks to offer different …
Distribution channels: Banking, Finance & Investment Industry, IT Industry ... -
Published on April 29, 2024 - 08:25 GMT
Zindigi, MyTM & Cashin to digitize the pilgrimage experience for Pakistanis, pioneering a new era in Hajj convenience
KARACHI, SINDH, PAKISTAN, April 29, 2024 /EINPresswire.com/ -- Zindigi, powered by JS Bank & MyTM along with Cashin (KSA), have collaborated to revolutionize payments for Pakistani pilgrims, in support of Saudi Arabia's Vision 2030. For …
Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ... -
Published on April 29, 2024 - 08:00 GMT
400-Year-Old Gold Bar from Famous Shipwreck to be Sold in May Auction
One of the largest gold bars ever recovered from a Spanish colonial shipwreck is up for sale on May 7th in an auction conducted by Daniel Frank Sedwick, LLC. WINTER PARK, FLORIDA, USA, April 29, 2024 /EINPresswire.com/ -- When the Spanish …
Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ... -
Published on April 29, 2024 - 07:36 GMT
PAYCELET: Das Bezahlarmband für Weltenbummler
Wie das Münchner Startup mit seinem stilvollen und praktischen Bezahlarmband Reisenden weltweit Sicherheit und Komfort bietet. MüNCHEN, BAYERN, DEUTSCHLAND, April 29, 2024 /EINPresswire.com/ -- Das Münchner Startup PAYCELET, Träger des Red Dot …
Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ... -
Published on April 29, 2024 - 07:31 GMT
Chinabank makes the strategic move to Nasdaq CapCloud for growth and treasury modernization
SINGAPORE, April 29, 2024 /EINPresswire.com/ -- Philippines’ Chinabank has selected the Nasdaq CapCloud™ SaaS offering for a more agile, performant, and streamlined cross-asset, front-to-back treasury management solution. This move seamlessly …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 07:19 GMT
DENCIA IS HARPER’S BAZAAR VIETNAM’S MAY 2024 COVER STAR
Dencia, the singer with a multi million dollar skincare brand brand she started over a decade ago LOS ANGELES , CA , USA, April 29, 2024 /EINPresswire.com/ -- The Singer,Actress,Mogul ,DJ,Fashion designer & philanthropist , is stunning in …
Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ... -
Published on April 29, 2024 - 07:00 GMT
Board Member Sigal Zarmi Awarded the DCRO Institute Certificate in Risk Governance®
GLOBAL, ORGANIZATION, April 29, 2024 /EINPresswire.com/ -- The DCRO Institute, the world's leading source of risk governance training and credentials for board members and C-suite executives, announced today the award of the prestigious …
Distribution channels: Banking, Finance & Investment Industry, IT Industry ... -
Published on April 29, 2024 - 06:58 GMT
Anti-Money Laundering Software Market Size, Share And Growth Analysis For 2024-2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033 LONDON, GREATER LONDON, UK, April 4, 2024 /EINPresswire.com/ -- The global market reports from The Business …
Distribution channels: Banking, Finance & Investment Industry, Companies ... -
Published on April 29, 2024 - 06:57 GMT
With Crypto Values Unstable Lately, How To Maintain Passive Income With BluestoneMining
U.K., April 28, 2024 /EINPresswire.com/ -- BluestoneMining, the preeminent platform for cryptocurrency mining, has announced the launch of high-quality, innovative services aimed at making cryptocurrency mining easy, fast and highly profitable …
Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ... -
Published on April 29, 2024 - 06:03 GMT
Car Finance Projected to Hit $43.58 Billion by 2030 | with South Korea Emerging as Key Region- States AMR
Car Finance Projected to Hit $43.58 Billion by 2030 | with South Korea Emerging as Key Region- States AMR NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- Car financing includes range of financial products that provide …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 05:48 GMT
Accounting Services Market Forecasted to Reach $1.5 Tn by 2032, with a 9.2% CAGR | KPMG International Limited, Delloite
Accounting Services Market Forecasted to Reach $1.5 Tn by 2032, with a 9.2% CAGR | KPMG International Limited, Delloite NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- The constantly evolving and increasingly complex …
Distribution channels: Banking, Finance & Investment Industry, Business & Economy ... -
Published on April 29, 2024 - 05:08 GMT
($159.9 Bn) Cancer Insurance Market Expected with Companies Offerings By End-User Segments 2032 | At a 10.2% CAGR
($159.9 Bn) Cancer Insurance Market Expected with Companies Offerings By End-User Segments 2032 | At a 10.2% CAGR NEW CASTLE, DELAWARE, UNITED STATES, April 29, 2024 /EINPresswire.com/ -- Cancer insurance is a kind of critical illness insurance …
Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
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