Jul 312016
State Street fined $382 million for applying hidden markups to FX trades in mutual funds
… million in a global settlement for misleading mutual funds and other custody clients by applying hidden markups to foreign currency exchange trades …
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FOREX-Yen falls on BOJ expectations and fiscal stimulus hopes
Dollar/yen in choppy trade on Japan-related headlines. * Japan MOF denies report it mulling 50-year bond issuance (Updates prices, adds more …
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RBI's forex war chest gears up for uncertainty
The central bank parked 5.8% of its forex reserves in commercial bank … the rise in the frequency of interventions by the RBI in the currency market.
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USD/CAD Stalls Before Getting Out of the Driveway
Bottom line, it may be best to wait for USD/CAD to push into the 1.3304-1.3381 resistance zone before initiating trades. Since we have mixed signals …
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