Dollar Lifts Off Two-Month Low Ahead of Powell Confirmation

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Dollar Lifts Off Two-Month Low Ahead of Powell Confirmation – Reuters

The dollar was stuck near a two-month low, as traders waited for the confirmation hearing and first serious test for new Federal Reserve chair Jerome Powell.

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HSBC Ordered to Hand Over Records in ‘Front-Running’ Case

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HSBC Ordered to Hand Over Records in ‘Front-Running’ Case – Financial Times (subscription)

HSBC has suffered another setback over allegations that it manipulated foreign exchange markets, after a British judge ordered the bank to hand over records requested by a client who suspects it was a victim of “front-running” by the bank’s traders.

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