May 182019
Most Asian units fall as yuan slides, China cools on trade talks
The yuan declined as much 0.4% to 6.9099, inching closer to the psychologically important 7 per dollar mark. The currency hit its weakest level in …
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Five Things You Need to Know to Start Your Day
And the EU fined five banks for colluding on currency trading strategies. Here are some of the things people in markets are talking about today.
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EU Fines 5 Banks 1.2 Billion
(CNN) â Five global banks have been hit with a collective $1.2 billion fine in Europe for running cartels that coordinated currency trading.
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EU fines five banks â¬1.1bn for foreign currency rigging
Rigging foreign exchange was one of several illegal activities by bankers in the run-up to the financial crisis, boosting returns for themselves and their …
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