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.
Sterling slipped against the dollar, kept under pressure after a nearly one percent slide on comments from Bank of England governor Mark Carney, who said interest rates rises in coming months would be limited and gradual.
Politics poses potential threat to valuations based on more hawkish BoE outlook.
China’s central bank lowered its official yuan midpoint to 6.5530 per dollar, the weakest level since September 4, reflecting strength in the greenback overnight and weakness in spot yuan a day earlier.
The renminbi will not become truly international without looser controls.
A public rift between Thailand’s central bank and government on interest rates shows just how much of a dilemma the baht has become for the economy.
Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe’s single market, according to a Reuters survey of firms employing the bulk of workers in international finance.
Japan has risen above the US in the worldwide rankings for the largest bitcoin exchange market.
Postcrisis derivatives rules should be revised to reflect how markets are functioning nearly a decade after the financial meltdown, senior Trump administration and regulatory officials told an industry gathering.
The Trump administration is prepping recommendations to address shortcomings in the capital markets in a report to be released next month, a top Treasury Department official said.
European Union rules requiring certain derivatives to trade on multilateral platforms could result in market participants being unable to execute packages, thereby increasing the costs of hedging.
The Trump administration’s push to deregulate the banking industry is having a ripple effect internationally as foreign banks are pressing their home jurisdictions to stall implementation of cross-border standards.
The US Commodity Futures Trading Commission (CFTC) announced that Commissioner Brian Quintenz will sponsor the CFTC’s Technology Advisory Committee (TAC).
Latest plans represents some of the most draconian measures any government has taken to control bitcoin.
Beijing tightens oversight of investing platforms after a surge of money flows sparks concern over financial stability.
CLS Group plans to launch a same-day settlement service in the second half of 2018, subject to regulatory approvals.
Margin analysis by ISDA reflects changes to collateral practices over recent years.
Marco Baggioli has resigned from his position as COO at ADS Securities, according to market sources.
Over the weekend, a tweet, which suggested JPMorgan was buying up a product tied to the value of bitcoin, sent shockwaves through the cryptocurrency community.
The Swiss franc fell to its lowest level against the euro in more than two years as relative calm over North Korea eased demand for perceived safe-haven currencies.
The Canadian dollar weakened sharply against the US currency as a Bank of Canada policymaker said the currency’s strength will be a factor in future rate decisions.