Flash Forward

Thoughts about the future of finance and foreign currency transfer.

US rate hike at next meeting "would likely be appropriate" if data is good enough, Fed's Yellen

By Nicolas Steiger on

The Australian dollar finished lower the last week, breaking sharply on rising expectations for a U.S. interest rate hike at the Fed’s next meeting on March 15. Strong U.S. economic reports and continued hawkish remarks from U. more »

Tagged in: remittances, currency conversion, exchange rates, australia, global payments, exports

US Treasury's Mnuchin tells IMF to monitor currencies

By Tim Strube on

US Treasury Secretary Steven Mnuchin called on the International Monetary Fund to provide "candid analysis" of exchange-rate policies in member countries. Mnuchin spoke by phone with IMF Managing Director Christine Lagarde in what was among the first contacts more »

Tagged in: global payments, currency conversion, compliance, imports, exports, exchange rates