The Role of Last Look in Foreign Exchange Markets

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FXPA’s globalFXsource will be taking a hiatus over year-end and return the first week of January. Wishing everyone a good holiday season and Happy New Year!

The Role of Last Look in Foreign Exchange Markets – Norges Bank
Last Look is a unique feature of foreign exchange markets that gives liquidity providers the option to reject orders received from liquidity takers in response to the provider’s quote.

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Fed Raises Interest Rates, Citing Ongoing US Recovery

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Fed Raises Interest Rates, Citing Ongoing US Recovery – Reuters
The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signaling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis

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