Skip to main content
RSS Feed

Latest FX News

Around the World

Bloomberg Trumps Benchmarks Alignment While many seasoned FX participants will always question why anyone would want to deal at a fix, there is no doubting that they do seem to meet a need. What that need precisely is may be open to massive debate. ...
And Another Thing...

12:06 May 5th 2016 in News, Around the World

And Another Thing...

It is well recognised within the ranks of P&L that I clearly don’t do enough. Two columns a week, news stories, features for the monthly, moderating conference panels, and, of course, promoting the brand as many of the ...
A Spoof Too Far?

07:00 May 3rd 2016 in News, Around the World

A Spoof Too Far?

Market sources tell Profit & Loss that an automated trading account may have had a gamble go wrong around the Reserve Bank of Australia’s monetary policy announcement today. In the seconds leading up the announcement, AUDUSD, which was trading quietly ...
ECB Paper Casts Doubt on Data Security Around Economic Releases A working paper posted on the European Central Bank’s website casts doubt upon the level of data security around certain US economic releases, finding, multiple occasions when the data was apparently known to some market participants ahead of time. ...
US Places Five Countries on FX Monitoring List The US Treasury has named five nations on a “monitoring list” for exchange rate manipulation in a new semi-annual report, including, a little bizarrely, Germany. The new report, Foreign Exchange Policies of Major Trading Partners of the United States, is ...
More Pain for Mrs Watanabe The legions of Japanese retail investors holding onto the carry trade, dubbed the Japanese housewives or Mrs Watanabes, faced more pain on Friday – a Japanese holiday – as USDJPY slumped to a new low for the year, indeed its lowest level ...
Analysts Confounded (Again) by Economic Data Today’s Australian inflation data surprised to the downside, rousing a sleepy Asia FX market from its pre-FOMC slumber. The headline CPI data fell 0.2%, quite some way off analysts’ expectations of a 0.3% rise. This left the annual inflation rate at 1.3%, ...
"Shocker" as Pound Rallies For much of this year, the market commentary about Sterling (GBP) has been a good reflection of the debate about whether or not the UK would vote to leave the European Union. In other words, it has been very ‘shouty’ ...
The City Against MND Network A new initiative is being set up to encourage financial market participants to raise funds for, and awareness of, the pernicious effects of Motor Neurone Disease (MND). The City against MND Network is being promoted by former Profit and Loss ...
BoE Revamps JSC: Amrolia Back In The Bank of England (BoE) has published the new make up of the London Foreign Exchange Joint Standing Committee (JSC). The JSC was initially established in 1973 to meet as a senior-level forum for FX market participants under the auspices of ...