Is there a future for cryptocurrencies in a world dominated by fiat money?
Not necessarily, if you ask Jamie Dimon, chief executive officer at JPMorgan Chase.
A global leader in online multi-asset trading services and currency data and analytics, OANDA today announced that its FX Exchange Rates API has been recognized as an Acumatica-Certified Application (ACA) and is now available for Acumatica customers.
Finance industry commentators believe that artificial intelligence (AI) will replace many existing financial services positions. Along with blockchain, digital transformation and regulation, AI is a technology set to roil banks now and in the coming years.
Join us in this article as we dive into the topic of AI in finance and what its growth and sophistication mean for financial professionals.
The increasing global shift to populist-led governments has generated upheaval for currency markets.
Populist governments are now in place in the United States, Turkey, Brazil, Italy, Hungary and Poland. Mexico recently ushered in a new president, Andrés Manuel López Obrador, who ran on a leftist, anti-establishment platform.
Corporate financial history is replete with examples of currency risk and trading management decisions that have backfired on companies.
Consider Toshihide Iguchi, a Japanese banking executive who turned a $70,000 in U.S. debt into a substantially larger debt of $1.1 billion, after making a bet on the U.S. fixed income market in 1983.
2018 has been a barnburner for business management books, as a red-hot economy and new rules on taxes, trade and tariffs take center stage. With companies looking for new ideas and new talent in the C-level suites, which tomes should executives put on their “must read" holiday list?
These three books certainly qualify.
Currency volatility around the globe is stabilizing in late 2018, and that's good news for corporate financial officers who've been beset by excessive risk in the currency market during the first nine months of the year.
Geopolitical events and economic strife had steered currency risk upward in the first half of 2018, so a downward trend is welcome news for currency market participants.
To better address the trend of companies utilizing more software applications to run their businesses, OANDA has added Celigo to our portfolio of integration partners to help customers manage foreign exchange data across their systems.
Global equities have rallied overnight, alongside U.S. Treasury yields, while the ‘big’ dollar trades under pressure after the U.S. and China declared a temporary truce in their Sino-U.S. trade war.
No progress was made on key differences regarding intellectual property and forced technology transfers.
With the launch of a new $10 bill on November 19, Canada has ushered in an era of firsts: the first Black woman on a Canadian bank note, and the first Canadian bank note with a vertical, not horizontal, orientation.
The bill features social justice icon Viola Desmond(1914–1965) who was refused entrance to a whites-only section of a Nova Scotia movie theatre in 1946.
Inflation is one of the key drivers of exchange rate movements. Keeping it within an ideal range is one of the great, constant challenges for central banks.
Inflation in a country and the associated tools that its central bank employs can have an indirect impact on purchasing power in other currencies.
Aside from the FAANG share liquidation to the tune of $1Trillion in face value last week, capital markets have been grappling with the expected pace of the Fed rate hikes for 2019.
A December Fed hike has already been priced in, but with weaker U.S. data and an ongoing trade war, between the world’s two largest economies, dealers are reducing their bets on a three-cycle hike from the Fed next year.