Jul 082021
 
Banks tighten grip on FX market as algo trading rises – survey

LONDON (Reuters) – Top global banks consolidated their stranglehold on the $6.6 trillion a day global foreign exchange market last year, with new …
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Sharp Rise in US Dollar Index Buoyed the USD/INR to Trade Sharply Higher

We expect to see volatilities in the domestic currency to be a regular feature in the local forex market. Rupee is now trading with the weaker undertone …
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North Korea's 'wild' forex swings signal new risk for Kim Jong Un

It could also unravel the country's unofficial market trading system, known as jangmadang, and increase instability. The North Korean won has …
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The awful price of trusting a rogue bitcoin trader

Yet in an alert issued late last month, the same authority reiterated that it does not grant licences to companies which trade foreign exchange (Forex) …
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