U.S. Economy Expands on Strong Consumer Spending in Q2 The U.S economy expanded at the fastest rate in almost four years in the second quarter as...
NCC: VAS Operators to Enjoy Forex Value Added Services (VAS) operators and aggregators have now been incorporated among eligible telecom service stakeholders to enjoy access to...
London FX Trading Volumes Hit Record, North America Rises in April Daily trading volumes in the world’s biggest foreign exchange trading center, London, surged to a...
Yen Gains on Potential Policy Change The Japanese Yen gained across the board on Monday following reports the Bank of Japan was debating moves to unwind...
China Says it Won’t Devalue Currency to Bolster Exports China said on Monday the value of its currency is driven by market forces and that it...
Dollar Falls Broadly on Trump’s Currency Comments The dollar slumped against the yen and other major peers on Monday after U.S. President Donald Trump expressed discomfort...
Fed Sees Gradual Rate Hikes Federal Reserve Chairman Jerome Powell on Tuesday said the apex bank will stick to its gradual interest rate hike “for now”...
New Zealand Inflation Undershoots Expectations Inflationary pressures in New Zealand undershot expectations in the June quarter, cementing the view that official interest rate settings from the...
US Retail Sales Boost Economic Outlook Consumer spending surged in June as households increased spending on automobiles and a range of other items, supporting economists’ projection for broad...
Chinese Economy Dips Slightly in Q2 The world’s second-largest economy, China, grew at a softer pace in the second quarter of the year as the trade...
