Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Feb 23, 2023

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose

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Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data

Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data

Jan 27, 2023

Oil prices moved little on Friday and were set to end the week flat amid caution over an upcoming OPEC+ panel meeting, as well as more cues on the U.S. economy from a reading on the Federal Reserve’s preferred inflation gauge. Ministers from

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CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

CFPB Study Outlines Need for “Buy Now, Pay Later” Rules

Sep 24, 2022

Researchers found BNPL often relies on data collection and other consumer risks. The Consumer Financial Protection Bureau (CFPB) is gearing up to place the same type of stringent protections it places on credit card companies on the “Buy Now, Pay Later” (BNPL) industry,

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