New regulation is not needed to oversee the bitcoin derivatives market, according to Christopher Giancarlo, chairman of the Commodity Futures Trading Commission.
The Global Foreign Exchange Committee (GFXC) has published all responses to its request for feedback on the language set out in Principal 17 of the FX Global Code of Conduct, which looks at the practice of last look.
The US dollar bounced back after a fall in the previous session, posting gains against many of its developed market peers.
Sterling held broadly steady against the dollar, extending its gains from Monday after a dramatic fall last week as a new round of Brexit talks on the horizon gave a cautious boost to investor optimism.
The euro slipped on but stayed within recent trading ranges as recent economic data surpassed market expectations, making investors wary of pushing the single currency lower.
More than half of all Greeks agreed it was a mistake to have joined the euro.
Short the Australian dollar as the extra yield on the nation’s bonds over U.S. Treasuries is about to vanish.
Nigerian officials are increasingly confident the naira’s troubles are over for good. Some investors disagree.
If the European Union mishandles Britain’s exit, the consequences for US businesses and consumers could be serious.
Federal Reserve Bank of New York President says some regulations may have gone too far.
Central bank chair nominee’s knowledge on structure of markets will probably be tested.
The number of lapsed LEIs also decreased in October.
The head of the US Office of Financial Research plans to leave by year’s end, adding to uncertainty for a young agency that faces proposed budget cuts and an inspector general’s probe into management and personnel issues.
More rules may not be the best answer to protecting the financial system against cyber attacks, a Federal Reserve official said.
While technological innovations such as blockchain and the area of big data analytics can result in powerful applications, people should be wary of some peer-to-peer lending platforms and the rapidly rising values of cryptocurrencies, Menon said in an interview.
The chief executive of JPMorgan Chase, Jamie Dimon, has called Bitcoin a fraud and made it clear that he will not allow his bank to begin trading the virtual currency any time soon.
Cboe’s institutional spot FX platform saw its average daily trading volumes amounting to $32.03 billion in October 2017.
The US bank is the 19th bank to join OTC Clear, launched four years ago.
Emerging Asian currencies rebounded as a dollar rally lost some steam on lower US Treasury yields and investors were sceptical that the US Congress will quickly pass a major tax bill.
The announcement prompted the Australian dollar to immediately gain as much 0.2 per cent against its US counterpart.
The Canadian dollar strengthened to a 12-day high against its US counterpart as oil climbed, while investors awaited a speech from Bank of Canada Governor Stephen Poloz.