The euro climbed to a two-week high as investors raised their bets that the European Central Bank will next week signal a winding down of its vast bond-buying program by the end of this year.
Sterling climbed to more than two-week highs, helped by general dollar weakness thanks to a broadening rally in the euro currency, though concerns over Brexit negotiations capped gains.
For investors struggling to handicap whether US President Donald Trump will stomach a full-blown trade war, some analysts boil the risks down to this: the dollar stands to lose.
Chaotic Italian politics jolted rates markets – including US dollar interest rate swaps.
European rules on early intervention in the recovery process are extremely bad and disruptive, according to Sunil Cutinho.
Now is the time to end the period of relative silence and speak out.
The Senate Banking Committee is set to vote Tuesday on the nominations of two of President Donald Trump’s picks for the Federal Reserve’s board of governors, including economist Richard Clarida to become its vice chairman.
An effort to revamp the Volcker rule has drawn the support of some left-leaning regulators.
The head of the US Securities and Exchange Commission (SEC) will warn of the need to boost its defenses against “advanced” and “persistent” cyber threats when he asks Congress on Tuesday for more funding, according to prepared remarks.
US regulator has been central to the bitcoin regulation debate since bitcoin futures were launched in December.
A top financial regulator gave a strong warning Wednesday that U.S. scrutiny of initial coin offerings is just getting started.
Senior CCP specialists say some emerging technologies have promise, but significant hurdles remain.
Coinbase, one of the leading cryptocurrency and bitcoin businesses, is acquiring a securities dealer that the company hopes will allow it to expand into the red-hot coin-offerings market.
Once the project is complete, Huobi plans to migrate its operations onto this blockchain, according to a statement.
Fidelity Investments, a firm that oversees $2.5 trillion in managed assets, is hiring to build a digital asset exchange, an internal job ad reveals.
- Forget Goldman, Novogratz Says He’s Building ‘Drexel of Crypto’ – Bloomberg
- Crypto Unicorn Circle Aims to Expand Into Regulated Banking – Bloomberg
Market sources tell Profit & Loss that Dmitri Galinov, CEO of Fastmatch, has left the firm. Fastmatch was bought by exchange group Euronext one year ago.
Deutsche Bank’s investment banking arm will bear more than half of the group’s planned cost cuts its chief financial officer said, as he admitted that the lender would continue to lag peers in the second quarter.
Asa Attwell is joining Nomura as its head of Emea foreign exchange and emerging markets, according to a memo.
Investors have taken the gloves off against the Brazilian real in retaliation for rising political uncertainty, driving it to two-year lows of about R$3.85 against the dollar.
Emerging Asian currencies have bounced back over the past two weeks as oil prices have fallen.
Central Europe’s robust economic growth should help its most liquid currencies firm by 2-3 percent against the euro in the coming year, even though their near-term outlook may remain shaky, a Reuters poll of 36 analysts showed.