Middle EastDollar slides to 2-1/2 month low as Fed rate hike fears subside
Stephen Culp
3 minute read
The dollar dipped on Tuesday for the fourth straight session, reaching its lowest level against a basket of currencies since late February on waning fears that inflation spikes could prompt the Federal Reserve to raise interest rates sooner than anticipated.
U.S. Treasury yields stalled as investors grew more confident that the Fed will hold off on tightening its accommodative monetary policy, despite worrisome indicators that booming demand and scarce supply are sending prices soaring.
Those price increases have stoked fears of longer-term inflation, despite the central bank s assurances that the spikes will be transitory.
Tesla : Dollar slides to 2-1/2 month low as Fed rate hike fears subside
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Dollar slides to 2-1/2 month low as Fed rate hike fears subside
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Signs five-year international partnership to offer simplified payroll and payments solutions worldwide
IRIS Software Group, one of the UK’s largest software companies, and Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, today announced a five-year international partnership to offer simplified payroll and payments solutions worldwide.
This partnership will serve the growing demand for world class, cross-border payroll and currency payments for organizations with a global workforce. It allows in-house teams and specialist providers to deliver payrolls in large volumes, furthering employee peace of mind and happiness, wherever they are based.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Western Union and Japan’s Ritsumeikan University Simplify Tuition Fee Payments
May 10, 2021 GMT
TOKYO (BUSINESS WIRE) May 9, 2021
Western Union, a leader in cross-border, cross-currency money movement and payments, announced a collaboration between Western Union Business Solutions and Ritsumeikan University. Together they will enable Ritsumeikan students worldwide to pay tuition using a simplified payment process that helps ensure funds arrive on-time and in-full, without hidden charges.
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Ritsumeikan University has implemented Western Union Business Solutions’ WU ® GlobalPay for Students platform, which provides students with a price comparison tool and allows them to lock-in exchange rates for up to 72 hours. Students can pay in their local or preferred currency to minimise surprise expenses and transparently track their payment status through the online portal, mob