The dollar jumped as news that Hillary Clinton would not face criminal charges related to her use of a private e-mail server gave the US presidential contender an eleventh hour boost before the November 8 election.
Mexico’s currency braced for ‘chaotic’ run as traders track results.
The dollar’s surge after the Federal Bureau of Investigation cleared Hillary Clinton of committing a crime sent the greenback close to the levels likely to prevail if she won the presidential election.
Japan is concerned about currency volatility after the US presidential election and hasn’t ruled out market intervention, said Masatsugu Asakawa, vice minister for international affairs at the Ministry of Finance.
No matter who wins the race for the White House, markets are betting on one truly safe investment, and that is the currency of a country with bleak economic prospects – Japan.
The Swiss franc is shaping up to be the perfect hedge for investors wanting to guard against US election volatility.
Key Senate fights will impact finance industry’s fate in DC.
Some retail firms seem intent on not letting their customers fully benefit from getting the market right.
Last week proved to be surprisingly upbeat for sterling, with the GBP/EUR and GBP/USD currency pairs recording significant gains in response to news relating to Article 50 and the Bank of England’s stimulus plans.
Staff at the Commodity Futures Trading Commission clashed over the supplemental proposal to the Automated Trading Regulation (RegAT), even though the proposals were ultimately approved by the Commission.
Thomson Reuters and Moscow Exchange both saw relatively flat performance in October compared to September, however both bucked the year-on-year trend at other platforms by seeing a decline over the 12-month period.
The yuan dropped the most in a month after the central bank weakened the currency’s reference rate and the greenback rebounded.
Tullett Prebon expects its deal to buy the global broking business of rival Icap to complete in coming weeks, bringing to an end the lengthy process for regulatory approvals.
Asia’s highest bond returns, the lowest currency volatility in eight years and the world’s fastest growth among major economies are burnishing the appeal of the region’s best carry trade – India.
As more financial services firms look for ways to utilise blockchain technology within their infrastructures, is the technology is really as safe as advocates claim?
Strengthening ‘equivalence’ regime would be blow to post-Brexit City and US firms.
Esma has delayed the SI regime and stated assessments should be made by 1 September 2018.
Overbond has announced a partnership with Thomson Reuters that will see fixed income market data and analytics integrated within the Overbond platform.
The Confederation of Zimbabwe Industries, the country’s largest business lobby group, said the government should adopt the South African rand as its “reference currency” instead of the dollar.
Myanmar’s business community has welcomed more details from the government on investment policy, but is calling for similar clarity on how the authorities will tackle exchange rate volatility.
The dollar posted the biggest gain in weeks and most emerging currencies joined the rally.
Expect some major shifts in USD/AUD, USD/NZD and USD/CHF exchange rates over the next few days.
The tense political situation in Turkey has led to a sharp fall in the Lira exchange rates, which has fallen to new record lows against the euro and the dollar.