The dollar surged after U.S. strikes on Iran, reaffirming its role as a crisis-era safe haven as markets turned risk-averse. Emerging-market currencies, including MNT, faced pressure amid a broader flight to safety.
LMAX has launched Omnia, an exchange that lets users trade any asset against any other 24/7 with no size limits or asset-type restrictions. The move aims to unify crypto and traditional FX liquidity pools and attract a broader base of professional traders.
BMW has begun using JPMorgan’s Kinexys blockchain platform to automate cash reserve transfers between its European and U.S. accounts, streamlining part of its foreign-exchange operations. The move underscores growing adoption of blockchain for corporate treasury tasks.