The Mexican peso has shed pretty much all its Trump-election risk premium, becoming one of the best performing major currencies in 2017.
The euro eased in Asia, roughly 24 hours after touching its highest level in just over five months after the first round of voting in the French election.
The response to the first round of the French election has been fierce across just about every asset class.
Sterling dipped against the euro, kept under pressure by the single currency’s renewed strength as relieved investors turned optimistic on Europe after the first round of the French presidential election.
The euro notched its biggest daily gain in nearly a year after the first round of the French election eased concerns about the future of the currency, while the US dollar fell to its lowest level since early November.
Japan’s currency has fluctuated amid worries about nearby North Korea.
London has retained its position as the dominant offshore hub for trading the Chinese renminbi (RMB) or yuan, according to a report released by global financial network Swift.
Iceland has appointed a panel to design currency regime.
Amid the rise of populism and nationalism, some are asking if revamping the SDR could re-energise multilateralism.
The draft of the Financial Choice Act 2.0, released last week by the House Financial Services Committee and aimed at overturning much of the Dodd-Frank Act, contains provisions that could change how the Securities and Exchange Commission polices the markets.
Former BlackRock executive is helming the administration’s plan for financial deregulation.
European Union governments further toughened their position on Brexit, as they added limits on financial services and explicit demands on citizens’ residency rights to their negotiating plan with the UK.
A closer look at the two main competing visions—and what they mean for consumers, institutions and the economy.
Forcing banks to pick up defaulted trades is “viable option”, says Fed researcher.
The European Commission intends to launch ‘an EU Blockchain Observatory’ to learn how to regulate the field.
The good news: Brexit may not hurt London’s finance sector as much as people think. The bad news: Other factors will hurt it a lot more.
The fintech scene is growing in London at a time when many banks are looking to exit the city.
The English prose specifications published by the FIX Trading Community for its engine are being translated into mathematically precise language in order to encourage the industry to formalize the rules and algorithms that run increasingly complex financial markets.
The Canadian dollar weakened as much as 0.3 per cent in Asia trading after the Trump administration announced it would impose tariffs on Canadian exports of softwood lumber to the US.
The Nigerian naira was quoted 18.3 percent weaker for portfolio investors compared with the interbank rate, a day after the central bank said it would allow investors to trade the currency at market determined rates.
Central European currencies mostly gained and government bonds tracked Bunds lower as relief over France’s presidential election turned investors towards risky assets.