ANZ Bank and Macquarie Admit to Attempted Rigging in Malaysia

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ANZ Bank and Macquarie Admit to Attempted Rigging in Malaysia – Sydney Morning Herald

ANZ Bank and Macquarie Group have admitted their traders tried to rig a key benchmark rate in Malaysia’s foreign exchange markets, breaking cartel laws and resulting in multimillion-dollar fines.

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Sterling Inches Lower Before Budget Statement

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Sterling Inches Lower Before Budget Statement – Reuters

Sterling dipped by a quarter of a percent against the dollar and was marginally weaker against the euro ahead of a government budget statement expected to deliver only marginal additional support for an economy facing more Brexit-based volatility next year.

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Dollar Charges to 14-Year High, Bonds in Full Swing

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Dollar Charges to 14-Year High, Bonds in Full Swing – Reuters

The dollar scaled to its highest level in almost 14 years against a basket of currencies while US bond yields were set for the biggest fortnightly rise in 15 years on bets US inflation and interest rates are headed higher.

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