Japan’s currency was one of the first challengers to the U.S. dollar—why 90s predictions of a ‘yen bloc’ fell apart
Journalists in the 1980s and 1990s worried about the death of dollar dominance. Paul Blustein explains why the yen failed to ...
Swiss National Bank still ready to intervene in forex market, says it's no currency manipulator
The Swiss National Bank will continue to use foreign currency market interventions if necessary, Chairman Martin Schlegel ...
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How the naira strengthened in foreign exchange markets
The Nigerian naira strengthened by 0.16% in the foreign exchange market on Wednesday, March 19, 2025, trading at N1,530 from ...
xAI launches an API for generating images
Elon Musk's AI company, xAI, has added image generation capabilities to its API. Only one model is available in the API at the moment, "grok-2-image-1212." Given a caption, the model can generate up ...
Swiss National Bank slows foreign currency interventions to a trickle in 2024
The Swiss National Bank greatly reduced its activity in foreign currency markets during 2024, according to data published on ...