The foreign exchange manipulation scandal involving major global banks demonstrates that at their core, currency conversions are not merely operational processes. They are significant drivers of value ...
The multi-billion dollar fines handed out by a group of international regulators to banks because of their traders’ collaborative efforts to manipulate the 4pm London fix have prompted yet another ...
From Trump to trade, FX to Brexit, ING’s global economists have it covered. Go to ING.com/THINK to stay a step ahead. The GBP/USD pair loses traction to near 1.3355 ...
On 15 January the SNB (Swiss National Bank) removed the floor on the EUR/CHF rate allowing it to float freely on the market. The Swiss Franc immediately appreciated by almost 20% catching most market ...
Two years ago Nigeria’s foreign exchange system was under extreme pressure. The naira had collapsed to historic lows, multiple exchange rates encouraged arbitrage, and a $7 billion backlog of unmet ...
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