May 2024

Ouinex Partners with Netdania to Launch Cryptocurrency Trading Platform Enhancing Crypto Exchange’s Capability Ouinex, a blockchain firm led by FX industry veteran Ilies Larbi, announced today its partnership with United Fintech-backed Netdania to launch a cryptocurrency trading platform. According to the press release shared with Finance Magnates, Netdania will provide the interface for the cryptocurrency…

Charmingly Eccentric: Revolut Launches High-Yield Savings Product in Singapore A New Era of Banking Digital banking platform and global fintech Revolut announced on Wednesday the launch of its first interest-bearing product in Singapore called Flexible Accounts. The new offering allows customers to earn up to 5.21% annual percentage yield (APY) on their savings with no…

The Impact of FX Moves on the Economy and Prices Uncertainty and the Role of Monetary Policy Recent fluctuations in foreign exchange (FX) rates have raised concerns about their potential impact on the economy and prices. The Bank of Japan (BOJ) has indicated that it will respond with monetary policy if these moves are significant….

Push and Pull Among Major Currencies Continues The ongoing battle of the currencies Since last week, the push and pull among major currencies has been keeping traders on their toes. The dollar seemed like it was ready to break lower early yesterday, only to turn things around as yields suddenly jumped higher. This shift in…