FXPA Provides Feedback to GFXC on Last Look

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FXPA Provides Feedback to GFXC on Last Look – FXPA

The Foreign Exchange Professionals Association (FXPA) provided feedback to the Global Foreign Exchange Committee (GFXC) on the “last look” practices in the foreign exchange (FX) market, and particularly on Principle 17 of the FX Global Code.

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FMSB Annual Report Highlights Progress Made in FICC Reform

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FMSB Annual Report Highlights Progress Made in FICC Reform – Profit & Loss

The UK’s FICC Markets Standard Board (FMSB) has issued its 2017 Annual Report setting out the progress it has made to enhance standards of behaviour in the wholesale fixed income, currencies and commodities markets.

Dollar Hits Eight-Week High vs. Yen as Fed Meets

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Dollar Hits Eight-Week High vs. Yen as Fed Meets – Reuters

The dollar hit an eight-week high against the yen as US central bank policymakers meet to discuss further monetary tightening, with renewed calm over North Korea easing demand for perceived safe havens like the Japanese currency.

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Pound Leaps to Highest Since Aftermath of Brexit Vote

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Pound Leaps to Highest Since Aftermath of Brexit Vote – Financial Times (subscription)

The pound leapt above the $1.36 mark to its highest level since the aftermath of the Brexit vote, as a speech from a Bank of England policymaker hardened perceptions that the central bank is moving to raise interest rates for the first time in a decade. 

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