The Mexican peso rose to its highest level in more than a year against the dollar, leading this year’s rally in emerging-markets currencies that had fallen around the time of US presidential election.
The dollar edged lower against a basket of currencies, as investors awaited speeches by Federal Reserve officials for signs on whether the central bank will stick to its guns and raise rates this year.
Sterling fell almost half a percent against a broadly stronger euro, a tightening of capital controls on banks offering only brief support given competing interpretations of what it means for interest rates and growth going forward.
ECB president’s remarks will bolster expectations over talks on monetary stimulus withdrawal.
China’s yuan surged both onshore and overseas amid speculation of central bank intervention and a decline in the dollar.
Greed seems to be running the show in global markets. Fear has fled, and that may be the biggest risk of all.
Little appetite for more reform as focus shifts from crisis firefighting to growth.
The US Supreme Court agreed to consider whether corporate insiders who blow the whistle on their employers are shielded from retaliation if they only report alleged misconduct internally rather than to the government’s Securities and Exchange Commission.
Though Congress is nowhere close to repealing reforms, others think Trump can inflict major and damaging change by overhauling bank rules without legislation.
CCP clamps down on bond-for-cash switches driven by reporting and quarter-end repo spikes.
Redline Trading Solutions has updated its InRush feed handlers for European trading venues in response to the Mifid II compliance in January 2018.
Move to combine teams was made in response to client demands for more integrated trading services.
The South Korean won strengthened as data showed consumer confidence in the country hit a six-year high.
The tiny, once-sleepy Czech koruna is finding new fans in the weeks after it broke higher.
The Romanian leu gained more than 0.2 percent versus the euro, outperforming central European peers, as the nomination of a new prime minister raised hopes of an end of a political crisis.