The U.S. Supreme Court’s decision to strike down tariffs imposed under the International Emergency Economic Powers Act (IEEPA) could reshape rates and foreign-exchange markets, with Barclays warning ...
The dollar weakened as renewed U.S. tariff threats clouded global trade prospects following a Supreme Court ruling. Asian markets reacted to the uncertainty, with the yen showing slight weakness after ...
NEW YORK and SINGAPORE and LONDON, Oct. 20, 2024 /PRNewswire/ -- Bank of America (BAC) is simplifying the management of foreign exchange (FX) risk associated with cross-currency payments and receipts ...
A confident Chair Powell declared a hold for rates, and sounded a glass-half-full narrative for the US economy; we sniff some rates upside ahead. In the eurozone, a stronger euro is unlikely to push ...
SEOUL (Reuters) -The United States and South Korea agreed that foreign exchange interventions should be reserved for combating excessive volatility, without targeting exchange rates for competitive ...
Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. The rise in e-commerce businesses, ...
The Nigerian Customs Service, (NCS) has adjusted the foreign exchange rate for its tariffs and duties by 1.59% from ₦770.88/$ to ₦783.174/$. The rate change which was updated on the single window ...
The curve edged higher on the smidgen of reduced negative commentary from the FOMC statement, and the commentary from Chair Powell subsequently copper-fastened the market notion that rate cuts are off ...