FXPA First Look
The CFTC, Fed, ECB in the News
The U.S. House and Senate are back in session this week. It is hoped and expected that the Senate Agriculture Committee will hold a hearing to consider the nomination of Dan Berkovitz to be a CFTC Commissioner sometime this month.
On Monday, IOSCO’s Annual Conference will open in Budapest. There will be a number of high-level meetings at he conference, including the inaugural meeting of IOSCO’s new Board on Wednesday. The conference will run through Friday.
On Tuesday, Federal Reserve Chairman Jerome Powell will participate in a panel discussion in Zurich on “Monetary Policy Influences on Global Financial Conditions and International Capital Flows.” CFTC Commissioner Brian Quintenz will speak at the SIFMA Operations Conference in Phoenix. European Commissioner for Financial Stability Valdis Dombrovskis will be in Riga, Latvia for several days of high-level meetings with Latvian government officials.
On Thursday, the SEC will kick-off its Fifth Annual Conference in Financial Market Regulations at the SEC’s headquarters in Washington, DC; the conference will run through Friday. Also, EU Commissioner Dombrovskis will deliver a keynote speech in Riga on “New Challenges in Economic and Business Development – 2018: Productivity and Economic Growth.”
On Friday, European Central Bank President Mario Draghi will speak at a conference in Florence, Italy.
Crypto-Assets: Too Big to Ignore, Too Challenging to Trade? – Profit & Loss
Although cryptocurrencies have become too big for institutional investors to ignore, there are still significant barriers deterring them from entering the crypto space, said speakers at Profit & Loss’ 2018 Latin America conference in Mexico City.
5 Big Questions Regarding the Future of AI in Finance – Profit & Loss
There is a lot of conversation around Artificial Intelligence (AI) among different participants in the institutional investing pyramid.
What You Get, and What You Really Need from FX Broker Platforms – Finance Magnates
This article asks the question: what does the active retail trader in derivatives actually need in intelligence and risk management tools in order to achieve their trading objectives, as opposed to what is actually provided by the generic CFD-FX margin broker?
Rouble Weaker on State FX Buying, New Government Uncertainty – Reuters
The Russian rouble extended losses in thin trade on Monday after Vladimir Putin’s inauguration for a six-year presidential term that will be followed by the appointment of a new government later this week.
Confusion In FX – Action Forex
FX markets start the week directionless and scant motivation to pick a direction. EURUSD has already retraced gains achieved on Friday
Puth’s Term with GFXC Comes to a Close in June – Profit & Loss
David Puth, Vice Chair of the Global FX Committee (GFXC), will be completing his term in this role with the group he helped form next month.