Forex Market Soars to Record $10 Trillion Daily Amid Tariff Turmoil
Forex Trading Volumes Hit Unprecedented Levels The global foreign exchange (forex) market has witnessed a significant surge in trading activity,…
U.S. Dollar Slips to One-Week Low as Government Shutdown Sparks Fed Rate Cut Bets
Dollar Weakens Amid Political Gridlock U.S. dollar slid to a one-week low, pressured by political dysfunction in Washington and the…
Dollar Softens on U.S. Shutdown Risks as Aussie Gains After RBA Decision
Market Overview Currency markets opened the week on a cautious note as the U.S. dollar softened against major peers. Traders…
SWIFT and Global Banks Join Forces for Blockchain-Based Cross-Border Payments Overhaul
Introduction The Society for Worldwide Interbank Financial Telecommunication, better known as SWIFT, is preparing to reinvent itself for the digital…
U.S. Dollar Weakens Amid Economic Uncertainty and Rate Cut Expectations
U.S. Dollar Retreats as Markets Digest Economic Uncertainty On September 29, 2025, the U.S. dollar weakened against most major currencies.…
Asian FX Rallies as U.S. Dollar Eases on Government Shutdown Concerns
Asian FX Gains as Markets Weigh U.S. Fiscal Uncertainty On September 29, 2025, Asian currencies strengthened across the board. At…
Forex Market Reacts to U.S. Economic Data and Fed Outlook
The U.S. dollar strengthened against major currencies on September 26, 2025, as investors digested stronger-than-expected U.S. economic data, including durable…
Euro Banks Unite to Launch a Euro-Denominated Stablecoin
European Banks Form Stablecoin Consortium In a landmark move, nine of Europe’s largest banks have announced the creation of a…
Asian Stocks Rebound Sharply as Chinese Tech Sector Leads Market Recovery
Asian Markets Stage Impressive Reversal After a turbulent start to the week, Asian equities bounced back strongly, led by a…
U.S. Dollar Firms After Powell’s Cautious Remarks as Markets Weigh Fed Rate Cuts
Dollar Rebounds After Recent Weakness The U.S. dollar regained some ground on Wednesday following comments from Federal Reserve Chair Jerome…