The pound is holding steady in early trading, the morning after the country’s MPs approved the first stage of the country’s Article 50 talks to leave the EU.
Dovish or hawkish? The market can’t seem to make up its mind over what to make of the statement that accompanied the Federal Reserve’s latest interest rates decision.
The dollar’s worst start to the year in more than a decade is just a blip on its path to further gains, according to Goldman Sachs Asset Management, which oversees more than $1 trillion.
World leaders aren’t taking Donald Trump’s trade barbs lying down.
Tokyo investors did hear fiery comments from Washington aimed at softening the dollar but stuck with their assessment that US and Japanese monetary policy will stay on divergent tracks, sending stocks higher and the yen weaker.
Anger in EU capitals over Berlin’s use of euro reignited after Trump aide speaks out.
The relatively volatile start to 2017 in FX markets has been reflected in strong data from the first three venues to report, with one platform achieving a new high in average daily turnover (ADV) and two others matching recent peaks.
Global regulators’ plans for a coordinated start next month to swap-collateral rules are breaking down, with countries taking different approaches to the deadline and traders in the $544 trillion industry scrambling to get ready.
The closure of the Bloomberg Tradebook FX venue tells us about fundamental issues with the agency model.
A blueprint for the first set of worldwide, bespoke rules around “living wills” for clearing houses and other parts of the vital infrastructure that underpins the financial system has been revealed by global standard-setters.
Esma has launched a pan-EU stress test exercise with the aim of identifying individual shortcomings for the regulator to address.
Germany’s financial regulator offered to allow most banks that move operations there because of Brexit to keep current models for setting capital requirements for as long as two years, people with knowledge of the matter said.
A revamp of global bank capital standards is on hold during the change of administration in Washington, with US and European Union negotiators locked in a “fundamental disagreement” over how to stop banks gaming the rules, according to a senior EU official.
President Trump said he will ‘do a big number’ on the 2010 financial regulation law.
The authority exempts digital currencies like Bitcoin following January 1 regulatory framework that appeared to prohibit them.
Currency broker World First is closing its corporate options business, in a move that will affect up to 50 staff at the UK-based company.
Net settlement at CLS could slash liquidity risks for CCPs clearing OTC forex contracts.
The Wall Street Blockchain Alliance (WSBA) has announced a new working group that will focus on native assets riding upon public blockchains, such as Bitcoin, Ethereum and Zcash.
BT has signed an agreement to acquire IP Trade, a provider of communications and collaboration solutions for trading floor environments and command-and-control dispatch centres.
Neill Penney, co-head of trading at Thomson Reuters, talks to Galen Stops about the recent changes in the firm’s FX business and details how it plans to continue developing it in 2017.
Wolverine Execution Services (WEX), a provider of technology and execution services, has announced the ability to send complex orders to its Best-X options algorithm and the addition of two FIX based options algorithms, Vol and TWAP.
Emerging Asian currencies advanced against the dollar after the US Federal Reserve stuck to its mildly upbeat economic view but gave no hint on rate hikes.
Despite Wednesday’s impressive Chinese manufacturing data, demand for the GBP/AUD exchange rate continued to gain momentum throughout the day amid anticipation for Thursday’s Bank of England (BoE) meeting and next week’s informal UK-US trade talks.
Latin American currencies pared back gains after strong US jobs data fuelled expectations that the US Federal Reserve would strike a hawkish tone later in the day.