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BusinessMediaOutReachMoomoo Wins "Digital CX Awards 2024" by The Digital Banker
Outstanding Digital Customer Experience as Key-to-Success in Canada MarketTORONTO, CANADA - Media OutReach Newswire - 26 April 2024 - Moomoo, one of the leading one-stop digitalized stock trading platforms, announced winning the "Outstanding Use of Digital Channels for Improved CX – Investments" Award at the Digital CX Awards 2024 by The Digital Banker. The Digital CX Awards is the world's only program dedicated to recognising pioneering innovation in Digital Customer Experience across the Finan
BusinessAFP NewsYen falls further as Bank of Japan stands pat on rates
The Bank of Japan kept its ultra-low interest rates unchanged Friday and stopped short of signalling another hike, pushing the yen to a fresh 34-year low against the dollar.- Global outlier - The BoJ has been a global outlier in sticking to an ultra-loose policy while other central banks pushed rates up as they fought against surging inflation -- causing a wide differential that saw investors push into other currencies.
BusinessReutersJapan's yen tumbles to 34-year low; US dollar gains after inflation data
NEW YORK (Reuters) -The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with forecasts and affirming expectations that the Federal Reserve will likely delay cutting interest rates to later this year. The dollar's peak against the yen came after the Bank of Japan kept interest rates steady at its end of its two-day policy meeting, although it flagged future rate hikes. With the yen at multi-decade lows, market participants were on alert for possible intervention from Japan to prop up its currency.
