SEC Fines Citigroup, Morgan Stanley Over Forex Trading Program

Top Headlines

SEC Fines Citigroup, Morgan Stanley Over Forex Trading Program – Reuters

Citigroup and Morgan Stanley each agreed to pay more than $2.96 million to settle charges they misled investors about a foreign exchange trading program they were selling, the US Securities and Exchange Commission said.

Read More

Dollar Drops as Trump’s ‘America First’ Speech Unnerves Traders

Top Headlines

Dollar Drops as Trump’s ‘America First’ Speech Unnerves Traders – Bloomberg

The dollar extended losses when Donald Trump’s inauguration speech offered scant details on his fiscal policies while emphasizing an “America first” approach to foreign policy, spurring concerns of rising trade protectionism.

Read More

Dollar Dips Ahead of Trump Inauguration

Top Headlines

Dollar Dips Ahead of Trump Inauguration – Financial Times (subscription)

Donald Trump will be sworn in on Friday as the 45th president of the United States of America and investors are waiting to see if the property mogul’s fiscal pledges can boost the world’s biggest economy and what further impact that will have on markets.

Read More

Lone Republican Commissioner Looks to Head CFTC

Top Headlines

Lone Republican Commissioner Looks to Head CFTC – Financial Times (subscription)

The sole Republican commissioner at the main US derivatives regulator has thrown his hat in the ring to be appointed the next chairman, even as he embraced aspects of financial reforms that Donald Trump’s team wants dismantled.

Read More