The euro consolidated gains after hitting a six-week high in the previous session as investors waited for fresh catalysts to push the single currency higher.
The dollar rose against a broad range of currencies, reflecting weaker-than-expected European data and a drop in oil prices.
Sterling gained slightly against the dollar and euro, helped by a report that Britain will propose a new solution for the Irish border dispute holding up Brexit talks.
For euro-, yen-based buyers, cost to shield FX swings rises.
Gap between 30-year Libor and Sonia swaps surges 36% in three weeks.
The North American Free Trade Agreement (NAFTA) is the top macroeconomic issue that will affect the Mexican peso this year, according to the results of a Bloomberg foreign exchange survey announced today.
The US is moving towards an arrangement with South Korea to crack down on currency manipulation and bolster transparency in foreign exchange practices, Trump administration officials said as they gave details of revisions to their free trade agreement.
Depending on the type of relationship, the Sherman Act may or may not apply.
The casualties include projects by the Depository Trust & Clearing Corporation (DTCC), BNP Paribas and SIX Group, Reuters has found.
Coinbase, the $1.6 billion cryptocurrency exchange that took bitcoin mainstream, will add support for ERC20 tokens.
Dino Kos, Chief Regulatory Officer at CLS, explains how faster settlement in foreign exchange (FX) could be the solution.
The EU financial regulator has decided it will enforce the tick size regime on systematic internalisers (SIs) under MiFID II, despite much controversy around the subject.
Official also says policy makers should consider revisiting the Community Reinvestment Act.
Senate confirmation of FDIC nominee will establish a trio of Trump appointees at key banking agencies
February was the largest month ever for trading activity processed by CLS with the service handling $1.949 trillion per day, up 8% month-on-month and up a fraction over 30% year-on-year.
The UK bank joins the handful of top-tier FX banks to have adhered to the principles.
Deal for UK’s Nex Group would bring together cash and futures trading in US sovereign debt.
Redline Trading Solutions has announced support for outright deliverable foreign exchange (FX) forwards traded on Cboe FX Markets and non-deliverable FX forwards (NDFs) executed on Cboe SEF.
Annalisa Sarasini has been promoted by smartTrade Technologies to the role of chief business development officer.
China’s central bank guided the yuan to its strongest level against the US dollar since its surprise devaluation more than 2½ years ago and market participants can’t agree on why it has appreciated.
- China Lets Its Rich Invest More Offshore as Cash Outflow Fears Ease – Financial Times (subscription)
Spillover from higher US rates, cross-currency plays a part.