Global Banking Monitor

Thursday, May 9, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: dollar

Dollar Weakens to Lowest Level Since July as Data Sparks Rate-Cut Speculation

The dollar extended its drop after the Federal Reserve’s preferred gauge of underlying inflation showed muted price gains, affirming the central bank’s pivot toward...

Swiss Franc Hits Highest Level Against Dollar Since 2015

The Swiss franc jumped to its highest level against the dollar since 2015, when Switzerland’s central bank abandoned its policy to contain currency strength. The...

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over the next two years as the U.S.’s growth outperformance diminishes and interest-rate cuts cause rate differentials between...

Yuan’s Impact Pushes Dollar to Fresh Downturn

The dollar slipped to fresh milestone lows on the euro, yen and other major currencies on Tuesday, as China guided the yuan higher and...

Why Some Analysts Predict a Multi-Year Rally for the US Dollar

The dollar is in the middle of a rally that could extend for years, bolstered by a strong macroeconomic picture and invigorated by the...

Dollar Rises on the Back of Fed Loan Survey, Yen Slides

The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during...

Iraqi Banks Ready to Challenge Dollar Ban Measures

Fourteen Iraqi private banks hit with curbs by the United States over allegedly helping siphon U.S. dollars to Iran said on Wednesday they were...

Fed’s Emphasis on Data Spells Trouble for the Declining Dollar

The dollar is one of the few assets that's gone down, rather than up this year – and analysts are warning that there could...

Nigerian Currency Hits Record Low Against Dollar, Central Bank Revokes Licenses of 2,700 Currency Exchanges

The exchange rate of the Nigerian currency versus the greenback recently plunged to an all-time low of NGN860:USD1. The naira’s depreciation has been attributed...

Yen Weakens, Dollar Strengthens as Bank of Japan Set to Keep Loose Policy

The yen dropped against the dollar on Friday after Reuters reported the Bank of Japan (BoJ) is leaning toward keeping its key yield control...

The Dollar War: Deciding the Future of America’s Economy on a Global Scale

A global battle over cash will decide who rules the world economy The US dollar isn't just for Americans — every country in the world...

Dollar Weakens in Response to US Disinflation Signals as Fed Nears the End of Hiking Cycle

The dollar sank to its lowest since April 2022 on Thursday, as cooling U.S. inflation bolstered expectations the Federal Reserve would hike interest rates...

China-based Bank Pursuing Global Lending De-Dollarization Faces Challenges in Repaying Dollar Debts

A development bank established by the BRICS bloc of nations to reduce reliance on US dollar loans is having trouble finding dollars to repay...

Argentina plans to urge state-owned entities to relinquish dollar bonds, says Ministry official

Argentina's government will push state entities to give up their foreign-law sovereign dollar bonds, an economy ministry official said on Tuesday, aiming to reduce...

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