Volatility in the foreign-exchange market will stay near quarter-century lows this summer before a potential late-year “shock,” according to Deutsche Bank AG’s Alan Ruskin. “The market is extremely complacent ... Read More
The foreign exchange market needs “fine tuning” rather than heavy handed reform, the chairman of Barclays argued on Thursday, as he unveiled a new compliance academy aimed at raising ... Read More
Shearman & Sterling has landed a major advisory role for Bank of America on a sprawling US lawsuit over alleged rates rigging in the foreign exchange market. A filing ... Read More
The rupee hit day’s low of 59.80 against the US dollar in intraday trade amid sustained bouts of demand for the American currency from banks and importers. Earlier, the ... Read More
Mario Draghi is becoming one of currency traders’ only friends. With the $5.3 trillion-a-day foreign-exchange market poised to deliver its worst first-half returns on record, the carry trade is ... Read More
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