Reform of interest rate benchmark setting processes continues but concerns remain about the lack of transactions during some of the rate setting windows, the Financial Stability Board (FSB) says.
Government hired expert witness to compile complex data.
The dollar index, which tracks the currency against a basket of six of its peers, was down as much as 0.5 per cent earlier before trimming some of its losses to stand 0.3 per cent lower shortly before publication time.
Sterling was flat after two sessions of gains as doubts emerged on whether entrenched expectations of higher UK interest rates were reasonable given a backdrop of uncertain Brexit negotiations.
What do hedge funds and currency speculators know about sterling that no one else does?
The euro climbed to a two-week high against a broadly weaker dollar on relief that Catalonia had stopped short of formally declaring independence from the rest of Spain.
Perhaps not a huge surprise, but business leaders and FX executives in India expect the rupee to be the top performing currency in 2017, according to a new Bloomberg survey.
As the Turkish lira slides, the South African rand languishes at a six-month low and the US dollar finally stirs, investors are asking whether they should worry about emerging market currencies again.
It was one of the more interesting stories of 2016 – but now it’s gone.
UK-based dealers must plan now if they are to handle trades that extend beyond Brexit day.
The US Commodities Futures Trading Commission (CFTC) is reportedly still working to define when exactly a cryptocurrency can be deemed “delivered” due to the complexities of cryptographic key management.
China and South Korea have failed to extend their $56bn currency swap deal amid diplomatic tension over Seoul’s instalment of a controversial US missile shield.
Nations such as the Philippines seek a more proportionate approach to level the playing field with global lenders.
President Vladimir Putin called for regulation of cryptocurrencies but stopped short of backing a broad ban as a debate rages over how Russia should handle the increasingly popular financial instruments.
NEX Group (Nex) has launched a new cash and collateral movement workflow tool that enables clients to make cash movements and money market sweeps.
The former boss of Barclays Antony Jenkins has warned that the heyday enjoyed by big banks in the lead-up to the financial crisis will never return as the rise in artificial intelligence (AI) threatens some of their services.
Bitcoin appeared to have a flash crash on Tuesday morning after falling over $600 in a few minutes, but only one index logged the price move.
The head of Ripple, one of the biggest blockchain companies, has said its $15bn of cryptocurrency reserves could be used to acquire or partner with rivals, as it seeks to dominate its fast-moving sector within financial technology.
China’s yuan eased slightly against the US dollar at midday, as corporate demand for the greenback outweighed a much stronger official fix.
The lira erased gains against the dollar after the White House backed its ambassador’s decision to suspend visas from the country and a Turkish court convicted in absentia a journalist from The Wall Street Journal.