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28 January 10:35 PM

Currencies

20 January 05:33 PM Hong Kong’s card payments may top 1bn in 2020 -GlobalData
Mubasher: Total number of card payments in Hong Kong is likely to increase to 1 billion in 2020 from 642.0 million in 2015, GlobalData said.
Currencies
14 January 05:23 PM Finland, Sweden may top cashless countries by 2022 - GlobalData
Mubasher: GlobalData, announced its expectations for the top countries that will most likely move towards a truly cashless society by 2022.
Global Markets brief
9 January 05:14 PM US Dollar, Euro included in Buna Payment Platform – AMF
Mubasher: The Arab Monetary Fund (AMF) on Thursday has launched the participant onboarding process in Buna Payment Platform.
Global Markets brief
5 December 2019 07:53 PM Ten wild predictions that could change global economy in 2020
Currencies
5 December 2019 01:05 PM bitFlyer facilitates crypto purchases in Europe
Mubasher: Cryptocurrency exchange bitFlyer will make it easy for customers in Europe to purchase digital assets through credit and debit cards and other transfer methods.
Global Reports
3 December 2019 00:55 PM Cashfloat launches new loan repayment solution
Cashfloat has released its new Easy Start Technology, designed to make loan repayments more comfortable for customers
Global Reports
2 December 2019 01:13 PM Payment acceptance in Africa at crossroads - Network International
Lower costs could help transform payment acceptance profitability
Global Reports
27 November 2019 06:32 PM Ghana’s C.Bank weighs issuing digital currency
Mubasher: Ghana could soon issue a digital currency to boost the expansion of electronic payment systems, including mobile money.
Currencies
22 November 2019 04:41 PM Bitcoin plunges to 6M trough on China’s crypto crackdown
Mubasher: Bitcoin hit a six-month low after China's central bank waged a fresh crackdown on digital currencies, as it warned against issuing or trading them.
Global Reports
8 November 2019 03:48 PM Euro hits 3-week trough; dollar advances on Sino-US trade hopes
Mubasher: The euro hit a three-week low against the dollar, as the greenback was boosted on news of a US-China agreement on tariff rollback.
Global Reports
6 November 2019 03:45 PM China C.Bank sets yuan midpoint guidance at 3M peak
Mubasher: The People's Bank of China set its official yuan's midpoint reference at its highest levels in three months, Reuters reported.
Currencies
28 October 2019 02:50 PM Bitcoin firms up after China voices support for developing blockchain
Mubasher: Bitcoin on Monday clung close to one-month peak recorded over the weekend.
Global Markets brief
14 October 2019 03:18 PM Sterling drops on fresh Brexit uncertainty
Mubasher: Sterling fell, after the UK and European Union said a lot of work would be required to clinch a Brexit deal, according to Reuters.
Currencies
16 September 2019 01:59 PM Oil-producer, safe-haven currencies rally on Saudi attacks; dollar declines
Mubasher: Safe-havens and currencies of oil-exporting countries climbed on Monday, after an attack on Saudi Arabia’s oil installations.
Global Reports
3 September 2019 02:03 PM Sterling dives beyond $1.20 on Johnson’s election threat
Mubasher: Sterling pound hovered close its weakest level against the US dollar in more than two years on Tuesday amid speculations of snap general election.
Currencies
26 August 2019 03:41 PM Turkey’s lira slips on trade war jitters
Mubasher: The Turkish lira declined by more than 1% against the US dollar on Monday, according to Reuters.
Global Reports
26 August 2019 02:31 PM China’s yuan hits 11-yr low as US-China trade conflict escalates
Mubasher: Chinese yuan (CNY) dropped to an 11-year bottom against the US dollar on Monday, as the trade conflict between the US and China escalated.
Currencies
23 August 2019 04:58 PM Sterling could gain appeal if dropped to $1.17–Report
Mubasher: The sterling pound's sudden spike led some to believe that the UK currency is close to a point where alue-seeking investors are waiting.
Currencies
22 August 2019 07:22 PM UK pound hits 3-week high on Merkel’s Brexit remarks
Mubasher: German Chancellor Angela Merkel suggested that a resolution to the Brexit stalemate could be reached within 30 days.
Global Reports
22 August 2019 02:56 PM Chinese yuan hits new 11-yr low on trade fears
Mubasher: Chinese yuan (CNY) slid to a new 11-year low against the US dollar on Thursday, despite support from key state-run banks.
Global Markets brief
20 August 2019 04:05 PM Turkish lira sinks on C.bank’s monetary stimulus, geopolitical fears
Mubasher: The Turkish lira hit its weakest level against the US dollar in nearly a month on Tuesday.
Currencies
20 August 2019 00:53 PM World’s biggest crypto exchange to rival Facebook’s Libra
Mubasher: Binance is planning to cooperate with governments and companies to launch new digital currencies, in competition with Facebook's Libra, Bloomberg reported.
Global Reports
19 August 2019 06:34 PM Fed’s monetary policy seen keeps dollar strong–Commerce Secretary
Mubasher: The US administration is not content with the extent the Federal Reserve's monetary policy was giving a boost to the dollar.
Currencies
16 August 2019 02:59 PM Euro hits 2-week trough as dollar advances
Mubasher: The euro on Friday dropped against the dollar, hovering below a two-week low, Reuters reported.
Global Reports
8 August 2019 03:24 PM China’s yuan midpoint guidance rate set past 7-per-dollar
Mubasher: China on Thursday reduced its official yuan midpoint below the psychologically important CNY 7-per-dollar level, the lowest level since the global crisis.
Global Reports