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. ...
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 ...
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
In the seconds leading up the announcement,
AUDUSD, which was trading quietly ...
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.
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 ...
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 ...
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%, ...
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’ ...
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
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 ...