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Over the past two years, the Asian region has been racing to launch Central Bank Digital Currencies (CBDC), and the Digital Won is the latest to enter a critical stage, per a recent report. Bank of Korea Partners with Financial…

Breadcrumb Trail LinksPMN BusinessAustralia’s remaining inflation challenge is “increasingly homegrown and demand driven” compared with earlier supply-side disruptions, with implications for policy, Reserve Bank Governor Michele Bullock…

© Reuters. Visa (NYSE:), in collaboration with HSBC and Bank, has completed the first phase of a Central Bank Digital Currency (CBDC) trial in Hong Kong. The trial, backed by Beijing’s central government, achieved “near real-time”…

The ratings agency said in the past Israel's credit profile has shown resilience to terrorist attacks and military action but a long conflict will be different. …

© Reuters. FILE PHOTO: The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis Gonzalez/File Photo By Ankur Banerjee and Alun John SINGAPORE/LONDON (Reuters) -…

Article by IG Senior Market Analyst Shaun MurisonUSD/ZAR Key Takeaways:1. The recent recovery of the Rand against the US Dollar is primarily due to the weakening of the dollar rather than the strengthening of the Rand itself.2. The US…

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested…

The GBPUSD moved above its 100-hour moving average yesterday after trending lower for the 1st half of the trading week. The move back above the 100-hour moving average give the buyers the go-ahead to push higher toward the 200-hour moving…

Breadcrumb Trail Links PMN Business French President Emmanuel Macron’s government will present a 2024 budget on Wednesday that tests voter appetite for pouring public money into the climate transition at the same time as…

Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter USD/JPY TECHNICAL ANALYSISUSD/JPY advanced last week to its highest level since…