All Eyes on Fed as Dollar Halt Reaches Seven Weeks – Reuters
The US dollar steadied in the lower half of an increasingly intransigent range on Monday, after sliding late last week following another round of disappointing US economic data.
The FX Industry: Still in a State of Limbo? – Profit & Loss (subscription)
Apart from the obvious (and predictable) conclusion that I cannot socialise into the early hours, one of the top level “takeaways” I had from Forex Network London is how different approaches by the authorities can have different outcomes.
Pound Advances to Seven-Week High as Investors Look Beyond Election –Bloomberg
The pound climbed to its highest level in seven weeks against the dollar as investors speculated that whatever the outcome of the UK election, it won’t derail the Bank of England’s path toward raising interest rates.
How Should Investment Banks Capitalise on the New Apple Watch for Financial Trading? – Caplin Blog
With the launch of the Apple Watch Caplin wanted to board the wearable tech bandwagon. We wanted to ask the questions why and how should a sell-side investment bank want to use wearable tech?
New UK Consumer Bill Could Open ‘Super Highway’ to Class Actions – Profit & Loss (free story)
The UK Consumer Rights Bill 2015, which increases the remit of the Competition Appeals Tribunal (CAT), has the potential to radically change the legal landscape, effectively opening up a “super highway” to the type of civil litigations common in the US, according legal experts speaking at the Profit & Loss Forex Network London 2015 on Thursday.
China’s Currency Move is Sign of Larger Struggle in Yuan – Wall Street Journal(subscription)
Look no further than trading in the Chinese yuan if you want to see how challenging coming years are likely to be for China’s policy makers and the global economy.
Yen Shorts Vanishing in Record Stretch as BOJ Seen Standing Pat –Bloomberg
Speculators are losing interest in betting that the yen will fall further as the Bank of Japan shows no sign of adding stimulus when it meets this week.
EBS’ Jeff Ward, Discusses Central Liquidity Performance, CHF Fallout –Finance Magnates
Jeff Ward, EBS Direct’s Global Head, lends his perspective on a number of developments surrounding the group’s central liquidity system.