Pound’s Biggest Gain Since 2009 Signals `Brexit’ Anxiety Easing
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Pound’s Biggest Gain Since 2009 Signals `Brexit’ Anxiety Easing – Bloomberg
Easing anxiety over Britain’s potential exit from the European Union may be complemented next week by signs of a stronger U.K. economy, supporting the pound further after its best week since 2009 against the dollar.
Yen Stalls in Time to Avoid Intervention, Ex-Currency Boss Says
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Yen Stalls in Time to Avoid Intervention, Ex-Currency Boss Says – Bloomberg
The yen’s strongest gain since 2008 has petered out in time to forestall any intervention, according to Takatoshi Kato, a former top currency official at the Ministry of Finance.
FCA Bans Former Deutsche Bank Trader for Manipulating U.S. Dollar Libor Submissions
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The Financial Conduct Authority said on Wednesday that it has banned former Deutsche Bank AG trader Michael Ross Curtler for his part in a conspiracy to manipulate the bank’s U.S. dollar Libor submissions.
U.S. Treasury Secretary Sees Reduced Risk of Currency Devaluations
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Commitments by China and other major economies over the weekend have lowered the threat of currency depreciations that could fuel global market turmoil, U.S. Treasury Secretary Jacob Lew said Tuesday.