The US Commodity Futures Trading Commission has extended the current swap dealer registration de minimis threshold phase-in termination date until December 31, 2018.
The average daily input value of matched instructions submitted to CLS was $4.99 trillion in September, up 6.6% from August and up 3.7% year-on-year.
China’s yuan headed for the biggest weekly decline since January as mainland markets returned from holidays to face intensified depreciation pressures from a rising dollar.
CBOE Holdings’ agreement to acquire Bats Global Markets could ultimately lead to savings on trading and data costs for institutional investors, sources said.
With ‘hard Brexit’ concerns persisting and sentiment towards the pound still weak, the EUR/GBP currency pair is likely to remain trending close to six-year highs as we head into the weekend.
In among the foreign-exchange fireworks, the euro looks like the currency 2016 forgot—at least against the dollar. That could change as the end of the year approaches.
Historical precedent and momentum have seen Bank of America warning pound sterling is liable to notably overshoot their official forecast estimates.
- Hard Brexit Concerns Driving GBP Outlook – Exchange Rates
- Lloyds Project Recovery for British Pound to Euro Exchange Rate Through 2017 but Cut Forecasts – Pound Sterling Live
De-risking has cost South Africa more than 10% of relationships with foreign banks.
The yen’s wild ride Thursday owes largely to exporters trying to convert their foreign earnings at the best rates amid various speculation including over a US interest rate hike.
New prime-of-prime service has no intention of sparking a price or leverage war, its chief says.
The yuan will weaken 17 percent over the next two years as government efforts to cool the housing market, easier monetary policy and higher US borrowing costs spur capital outflows, according to Deutsche Bank.
This year’s most successful currency investors would have needed some remarkable political insight.
Because Ven is asset-backed, it’s far more stable than BitCoin.
Make no mistake, sterling’s collapse is a very serious development, and has serious consequences for sterling interest rates.
Agency would scale back aspects of plan to prevent automated trading glitches from roiling futures and derivatives markets.
Japan’s financial authorities have begun arrangements to remove the consumption tax on purchases of bitcoin and other virtual currencies next spring, in a move that could slash costs for buyers, sources familiar with the matter said.
Fluent Trade Technologies is now supporting the EBS Live Ultra spot FX data feed and is actively connecting EBSBrokerTec clients to the new service.
Samsung Electronics’ smartphone crisis is likely to ripple through to the foreign exchange market, analysts say, putting the South Korean won under pressure as the global tech giant takes a multi-billion dollar earnings hit from lost sales.
India’s Vice President Ansari said that BRICS would need to foster the liberalisation of trade in services, especially in promoting movement of people for commercial activity.
The Singapore dollar fell to a seven-month low on Friday after the trade-reliant economy unexpectedly contracted in the third quarter, keeping expectations of further policy easing alive.
Mexican stocks and currencies seesawed after weak Chinese trade data weighed on demand for risky assets, but a late-day rally in oil prices helped limit losses.
The Canadian dollar strengthened against its US counterpart as oil prices rose and Wall Street pared some losses, spurred by weak Chinese trade data.