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Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human.

This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide.

“When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.”

A Vital Role in the European Economy

The UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives.

Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers.

ACE Money Transfer: Trusted, Transparent, and Global

Headquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers.

Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures compliance, security, and real time transparency.

Innovation with a Human Purpose

Ashraf emphasizes that technology should empower people, not replace them. “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”

Looking ahead, ACE aims to expand its global reach, strengthen partnerships, and launch community driven initiatives that turn remittances into long-term opportunities for growth.

About ACE Money Transfer

ACE Money Transfer https://acemoneytransfer.com/ is a global remittance provider regulated by the UK’s Financial Conduct Authority (FCA). Since 2002, it has grown into a trusted name for millions of customers worldwide, enabling people to send money securely, quickly, and at low cost to support their families and communities back home.

The company operates under strong regulatory oversight, authorised as a Payment Institution by the FCA in the UK, licensed by the Central Bank of Ireland, regulated by the Polish Financial Supervision Authority (KNF), and registered with AUSTRAC in Australia. With operations spanning dozens of sending countries and over a hundred receiving destinations, ACE continues to expand its global reach while keeping customer convenience, transparency, and innovation at the heart of its services.

By combining compliance with care, ACE is committed to strengthening connections across borders and empowering expatriates and migrant communities around the world.

This article was written by IL Contributors at investinglive.com.

Remittances today are far more than financial transfers; they are lifelines that sustain families, fund education, and support small businesses across the world. For millions of expatriates living and working across the UK and Europe, every transaction represents love, responsibility, and connection. ACE Money Transfer today reaffirmed its commitment to strengthening its European operations, reinforcing its mission to make global remittances faster, safer, and more human.

This initiative reflects ACE’s commitment to combining innovation with empathy, turning remittances into the invisible bridges that create lasting opportunities for families worldwide.

“When we send money, we don’t just send currency; we send love, education, and opportunity across borders,” says Rashid Ashraf, CEO of ACE Money Transfer. “With our growing European network, we’re strengthening this invisible bridge that keeps families united, even when separated by distance.”

A Vital Role in the European Economy

The UK and the European Union remain among the largest remittance-sending regions in the world, contributing an estimated USD 63 billion annually. Migrant workers across the region play a dual role in strengthening host economies while supporting their homelands through regular remittances that uplift millions of lives.

Ashraf notes, “These workers are heroes of two nations. Their contribution fuels progress on both sides of the border.” He is actively focused on expanding ACE’s European presence and partnerships to further facilitate secure and affordable cross-border transfers.

ACE Money Transfer: Trusted, Transparent, and Global

Headquartered in the UK and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries, providing fast, secure, and affordable cross-border transfers.

Since 2002, ACE has served millions of customers across Europe, Australia, Canada, and the Gulf, using cutting edge digital platforms to simplify the remittance experience. The company’s AI-driven technology ensures compliance, security, and real time transparency.

Innovation with a Human Purpose

Ashraf emphasizes that technology should empower people, not replace them. “By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.”

Looking ahead, ACE aims to expand its global reach, strengthen partnerships, and launch community driven initiatives that turn remittances into long-term opportunities for growth.

About ACE Money Transfer

ACE Money Transfer https://acemoneytransfer.com/ is a global remittance provider regulated by the UK’s Financial Conduct Authority (FCA). Since 2002, it has grown into a trusted name for millions of customers worldwide, enabling people to send money securely, quickly, and at low cost to support their families and communities back home.

The company operates under strong regulatory oversight, authorised as a Payment Institution by the FCA in the UK, licensed by the Central Bank of Ireland, regulated by the Polish Financial Supervision Authority (KNF), and registered with AUSTRAC in Australia. With operations spanning dozens of sending countries and over a hundred receiving destinations, ACE continues to expand its global reach while keeping customer convenience, transparency, and innovation at the heart of its services.

By combining compliance with care, ACE is committed to strengthening connections across borders and empowering expatriates and migrant communities around the world.

This article was written by IL Contributors at investinglive.com.

Today, the JPY strengthened across the board following a verbal intervention from the Japanese Minister of Finance Katayama. These moves generally just provide pullbacks for traders to sell the JPY at better levels as long as the conditions for further yen weakness persist.

I thought about making a cheat sheet on JPY intervention. It generally includes three stages: the verbal intervention (jawboning), the rate check and the actual market intervention.

STAGE 1 – VERBAL INTERVENTION (JAWBONING)

The first stage is the verbal intervention, also called jawboning. The goal is of course to influence the market without actually taking action. This is done to slow down or smooth excessive or rapid exchange rate moves as they are undesirable. It’s primarily the Japanese Ministry of Finance (MoF) issuing these warnings because they hold the legal authority for currency intervention, not the Bank of Japan (BoJ). The comments generally reflect the sense of urgency, so they also come in stages.

• Initial warning

The most common phrase is “we are closely watching the exchange rate moves”. This is generally said by lower level MoF officials or BoJ officials. It has low impact on JPY.

• Serious concern

This is when the Minister of Finance or the top currency diplomat says things like “closely watching FX moves with a high sense of urgency” and “we are seeing rapid one-sided yen moves”. This generally give the JPY a boost but again it’s not enough to reverse a trend as long as the conditions for further yen weakness persist.

• Final warning

This is the final stage of verbal intervention where the Minister of Finance or the top currency diplomat says things like “we are ready to take decisive action” and “we are communicating with our counterparts in the US”. This is when the yen strengthens considerably across the board as market participants scale back their bets fearing an intervention.

STAGE 2 – RATE CHECK

This generally precedes the actual intervention. It’s the strongest non-physical intervention. It doesn’t assure an actual market intervention as it could still be used just as a threat, but it’s the very final warning. You will generally see headlines like “the BoJ (or a high level MoF official) is checking rates with banks or dealers”. This causes big spikes in the yen.

STAGE 3 – PHYSICAL INTERVENTION

This involves the actual buying or selling of yen in the FX market to influence its value. The intervention is authorised by the Minister of Finance (MoF) and executed by the Bank of Japan (BoJ) which acts as the agent. There’s no warning here, it can happen anytime to maximise the surprise effect and shock the market.

It generally happens when USD/JPY hits or breaks some significant round number. For example, last year we got a couple of them around the 160.00 handle, and in 2022 we got one around the 145.00 level and another around the 150.00 handle. The confirmation of the intervention comes later.

This article was written by Giuseppe Dellamotta at investinglive.com.

Today, the JPY strengthened across the board following a verbal intervention from the Japanese Minister of Finance Katayama. These moves generally just provide pullbacks for traders to sell the JPY at better levels as long as the conditions for further yen weakness persist.

I thought about making a cheat sheet on JPY intervention. It generally includes three stages: the verbal intervention (jawboning), the rate check and the actual market intervention.

STAGE 1 – VERBAL INTERVENTION (JAWBONING)

The first stage is the verbal intervention, also called jawboning. The goal is of course to influence the market without actually taking action. This is done to slow down or smooth excessive or rapid exchange rate moves as they are undesirable. It’s primarily the Japanese Ministry of Finance (MoF) issuing these warnings because they hold the legal authority for currency intervention, not the Bank of Japan (BoJ). The comments generally reflect the sense of urgency, so they also come in stages.

• Initial warning

The most common phrase is “we are closely watching the exchange rate moves”. This is generally said by lower level MoF officials or BoJ officials. It has low impact on JPY.

• Serious concern

This is when the Minister of Finance or the top currency diplomat says things like “closely watching FX moves with a high sense of urgency” and “we are seeing rapid one-sided yen moves”. This generally give the JPY a boost but again it’s not enough to reverse a trend as long as the conditions for further yen weakness persist.

• Final warning

This is the final stage of verbal intervention where the Minister of Finance or the top currency diplomat says things like “we are ready to take decisive action” and “we are communicating with our counterparts in the US”. This is when the yen strengthens considerably across the board as market participants scale back their bets fearing an intervention.

STAGE 2 – RATE CHECK

This generally precedes the actual intervention. It’s the strongest non-physical intervention. It doesn’t assure an actual market intervention as it could still be used just as a threat, but it’s the very final warning. You will generally see headlines like “the BoJ (or a high level MoF official) is checking rates with banks or dealers”. This causes big spikes in the yen.

STAGE 3 – PHYSICAL INTERVENTION

This involves the actual buying or selling of yen in the FX market to influence its value. The intervention is authorised by the Minister of Finance (MoF) and executed by the Bank of Japan (BoJ) which acts as the agent. There’s no warning here, it can happen anytime to maximise the surprise effect and shock the market.

It generally happens when USD/JPY hits or breaks some significant round number. For example, last year we got a couple of them around the 160.00 handle, and in 2022 we got one around the 145.00 level and another around the 150.00 handle. The confirmation of the intervention comes later.

This article was written by Giuseppe Dellamotta at investinglive.com.

AUD/NZD extends gains after breaking out of consolidation, testing resistance near 1.15 with support seen around the 50-DMA at 1.13, Société Générale’s FX analysts note.

AUD/NZD extends gains after breaking out of consolidation, testing resistance near 1.15 with support seen around the 50-DMA at 1.13, Société Générale’s FX analysts note.

USD/JPY drops sharply as renewed verbal intervention from Japan’s finance minister and weaker global equities spark safe-haven demand and short-covering in Japanese Yen (JPY), ING’s FX analyst Francesco Pesole notes.

USD/JPY drops sharply as renewed verbal intervention from Japan’s finance minister and weaker global equities spark safe-haven demand and short-covering in Japanese Yen (JPY), ING’s FX analyst Francesco Pesole notes.

Following the blackout period and last week’s Fed meeting, the momentum behind officials’ statements continues to grow.

Following the blackout period and last week’s Fed meeting, the momentum behind officials’ statements continues to grow.