Will AI take the jobs of finance professionals?

Will AI take the jobs of finance professionals?

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 means for financial professionals.

How Populism Impacts Exchange Rates: What Your Company Needs to Know

How Populism Impacts Exchange Rates: What Your Company Needs to Know

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.

The Biggest Currency Risk Management Mistakes Companies Make

The Biggest Currency Risk Management Mistakes Companies Make

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.

The Top Three “Must Reads" for CFOs in 2018

The Top Three “Must Reads" for CFOs in 2018

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.

Year End Review: The Top 5 Volatile Currencies for 2018

Year End Review: The Top 5 Volatile Currencies for 2018

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.

OANDA FX Data Now Available via Celigo’s integrator.io

OANDA FX Data Now Available via Celigo’s integrator.io

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.

Five Things the Markets are Talking About: Monday, December 3

Five Things the Markets are Talking About: Monday, December 3

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. 

Dollar Looking for Economic Guidance Ahead of Busy Week

Dollar Looking for Economic Guidance Ahead of Busy Week

The U.S. dollar is higher against most major pairs on Friday ahead of the G20 meeting.

The greenback fell across the board on Wednesday after the market took the comments from Fed Chair Powell on interest rates to mean less rate hikes from the central bank.

Canada Presents Human Rights Activist Viola Desmond as the Face of the New $10 Bill

Canada Presents Human Rights Activist Viola Desmond as the Face of the New $10 Bill

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.

How Inflation Drives Your Company's Purchasing Power in FX Markets

How Inflation Drives Your Company's Purchasing Power in FX Markets

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.

Five Things the Markets are Talking About: Monday, November 26

Five Things the Markets are Talking About: Monday, November 26

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.

Dollar Higher as Trade War Concerns Fuel Risk Aversion

Dollar Higher as Trade War Concerns Fuel Risk Aversion

The dollar was higher on Friday against most major pairs. The greenback gained the most against the EUR as disappointing PMI surveys and the uncertain future of the Brexit deal ahead of the weekend took its toll on the single currency.

Five Things the Markets are Talking About: Friday, November 16

Five Things the Markets are Talking About: Friday, November 16

Earlier this week U.K PM Theresa May agreed a draft Brexit withdrawal agreement with Brussels. Her cabinet backed it on Wednesday – but there have since been resignations.

Six government ministers, including Brexit Secretary Dominic Raab, one of the architects of the deal, quit yesterday, raising the possibility that she could face an open challenge to her leadership.

Duly Noted: Fun Facts About Bank Notes and Currencies All Over the World

Duly Noted: Fun Facts About Bank Notes and Currencies All Over the World

You may think of the history of bank notes as a dry one – and that's not a surprise given the sober, serious nature of global currencies and international commerce.

Yet if you thought that bank notes lacked a colorful narrative, you'd be off base by a wide margin.

U.S. Dollar Flying High on Hawkish Fed Statement

U.S. Dollar Flying High on Hawkish Fed Statement

The U.S. dollar rose against most major pairs on Friday. Only the Japanese yen was able to gain against the mighty greenback. The FOMC statement eased concerns that the Fed would hint at a pause in its tightening of monetary policy.