Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone

Yen Surges on Tokyo Warning, but Oil and Yields Still Set the Broader FX Tone

What’s happening: Yen surged broadly Monday, pushing USD/JPY through 157, after Japan’s Vice Finance Minister Atsushi Mimura sharpened Tokyo’s intervention warning, saying markets should take the coordinated Japan-US message on Yen weakness “at face value.” At the same time, Brent rose 2.49% to $106.92 and WTI gained 2.25% to $94.49 after Trump rejected Iran’s latest…

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VIB the first in Vietnam to deploy Front Arena treasury and foreign exchange trading system on AWS

VIB the first in Vietnam to deploy Front Arena treasury and foreign exchange trading system on AWS

Vietnam International Bank (VIB) has officially put into operation its core system supporting treasury, foreign exchange, and financial market trading activities, powered by Front Arena, the financial technology platform developed by FIS Global, on Amazon Web Services (AWS) cloud infrastructure, making it the first bank in Vietnam to operate Front Arena on AWS. …

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