The euro edged off eight-week lows as traders readied for a European Central Bank meeting, when investors will be searching for any signals about when the bank will begin unwinding its stimulus.
Sterling slipped to a five-week low as investors grew wary about the outlook for the British currency before a central bank meeting next month and the dollar consolidated gains after a sharp rally this week.
Investors are awaiting signals about growth at this week’s European Central Bank meeting.
Dollar surge suprises speculators who piled into short wagers.
The Swedish crown slid to its lowest level against the euro since late 2009 after the central bank postponed plans for tightening monetary policy because of sluggish inflation.
The Swiss franc has fallen to its cheapest level against the euro since January 2015, when the Swiss National Bank stunned markets by abandoning a cap that limited the currency’s strength.
In a letter to the judge who could sentence Mark Johnson to as many as seven years for fraud, the former currency trader is described as a loving father who took his children for a last goodbye on the beach with their ailing three-legged Labrador, Batdog.
The UK is not yet in any “substantive discussions” with the European Union about a future relationship in financial services, Chancellor of the Exchequer Philip Hammond said.
A NEX shareholder document said cuts will be necessary to “achieve the expected benefits of the acquisition”.
David Wright, managing director and global head of FX electronic distribution, and Jian Chen, head of Quantitative Solutions and Innovations (QSI), at Morgan Stanley, talk about how Transaction Cost Analy- sis (TCA) is moving to real-time.
Data is useless unless it is properly selected, analysed and presented.
US regulators want to make it easier for companies to complete swaps trades, responding to industry complaints that postcrisis rules have hurt market liquidity.
But cooperation will be essential to avoid disruption.
The Philippines will allow ten blockchain and virtual currency companies to operate in an economic zone to take advantage of tax perks while generating employment, a government official said.
360T has been selected by M&G Investments to provide streamlined workflow technology for order handling and execution, and, separately, has agreed a partnership with Crown Agents Bank (CAB), a global wholesale bank that specialises in emerging markets.
Ray Kamrath, former global head of foreign exchange at Jefferies Group, started a cryptocurrency firm in New York this month after leaving the bank in March.
Gemini Trust Company announced it is increasing oversight of its cryptocurrency trading using Nasdaq’s market surveillance technology to detect manipulation and fraudulent trades.
China’s yuan shook off a much weaker official midpoint and clawed back from a one-month low against the dollar as the greenback paused after its recent rally.
Buying the Aussie against the US dollar in the spot market and simultaneously selling the pair via three-month forwards yields 16 basis points on an annualized basis.
India’s widening current-account deficit is coming back to haunt the rupee, with analysts clamoring to lower forecasts on Asia’s second-worst performing currency.