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From Fixing to Signaling, How China Manages the Yuan

Monitoring how the People’s Bank of China handles its “managed float” system for the foreign-exchange market isn’t easy: The central bank has various tools at its disposal, some public, some hidden. While its thinking is essentially unknowable.....»»

Category: topSource: washpostMar 28th, 2021

Why Nigeria Exchange Rate Policy Is Such a Minefield

Navigating Nigeria’s foreign exchange rate policy is tricky. There are multiple exchange rates; officials issue confusing and contradictory statements; promised reforms don’.....»»

Category: topSource: washpostMar 28th, 2021

Discovery expects foreign exchange to have positive $170M impact on FY21 revenue

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 22nd, 2021

China has accused Trump of trying to start a new Cold War, after the New York Stock Exchange confirmed plan to delist three Chinese firms

China accused the Trump administration of attempting to suppress foreign companies, as the NYSE moved to delist three Chinese firms. Getty China on Saturday accused the Trump administration o.....»»

Category: dealsSource: nytJan 2nd, 2021

Forward Contracts 101: Why It Is Important to Protect Your Assets

The coronavirus and subsequent volatility have brought havoc to the foreign exchange market but investors can protect themselves through forward contracts. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].....»»

Category: topSource: insidermonkeyApr 26th, 2020

Locked-down investors aim algorithms at chaotic currency markets

A new breed of trading algorithms has deftly navigated the turbulence in currency markets caused by the coronavirus pandemic, driving up demand for robots and potentially reshaping the world of foreign-exchange dealing beyond the crisis......»»

Category: topSource: reutersApr 17th, 2020

Forex volatility to make providers hike prices: Walmart de Mexico

Walmart de Mexico said on Friday that foreign exchange fluctuations will make its providers increase some of their prices, pointing to the depreciation of the peso and other currencies during the coronavirus crisis......»»

Category: topSource: reutersMar 27th, 2020

Travelex shuts UK forex bureaus on virus fears, starts funding talks

Foreign exchange company Travelex said on Friday it was shutting its UK bureaus for about eight weeks or more due to the coronavirus pandemic and that it was in talks with its stakeholders for continued access to funds......»»

Category: topSource: reutersMar 27th, 2020

Travelex shuts UK foreign exchange bureaus, starts talks on funding

Foreign exchange company Travelex on Friday said it has shut all its UK foreign exchange bureaus for around eight weeks due to the coronavirus outbreak and started discussions with its stakeholders for continued access to funds......»»

Category: topSource: reutersMar 27th, 2020

March forex daily turnover hits $2.3 trillion as virus fuels volatility: CLS

The meltdown in financial markets over the coronavirus has sparked a huge jump in foreign exchange trading volumes, with average daily turnover so far in March up 27% on February as volatility soared, CLS said on Tuesday......»»

Category: topSource: reutersMar 24th, 2020

LSE gets U.S. nod for Refinitiv deal

The London Stock Exchange Group said on Monday it had gained approval from the U.S. Committee on Foreign Investment for its $27 billion takeover of analytics firm Refinitiv, judging there were no national security concerns with the deal......»»

Category: topSource: reutersMar 16th, 2020

Atradius Year-end Result Increases 12.4% to EUR 227.7 Million, Insurance Premium Rises 6.7%

AMSTERDAM, March 12, 2020 /PRNewswire/ -- Insurance premium revenue increased 6.7% (6.1% at constant foreign exchange rates) Total revenue increased 6.0%, surpassing the EUR 2 billion milestone Result for the year increased .....»»

Category: earningsSource: benzingaMar 12th, 2020

Can Russia use Saudi price war to strike a fatal blow on US shale?

Armed with a $570bn foreign reserves war chest, a floating exchange rate and an economy tha.....»»

Category: topSource: bizjournalsMar 12th, 2020

Citi announces changes to foreign exchange vendor platform requirements

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 9th, 2020

Immigration restrictions likely to hurt major construction projects

Congress established the in 1990 to attract foreign direct investments to the United States as a job-creating stimulus. In exchange for making job-creating investments, EB-5 participants would be... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 6th, 2020

TradingView Integrates FXCM Broker Trading Capabilities

TradingView, the largest online social networking and data analysis tool for financial markets, formally announced the integration of FXCM Group, LLC, a provider of online foreign exchange and CFD trading capabilities. read more.....»»

Category: blogSource: benzingaFeb 18th, 2020

Nike to take $425 million charge to move brand business in South America to distributors

Nike Inc. said Thursday that it would take a one-time $425 million foreign exchange-related charge to transition its b.....»»

Category: topSource: marketwatchFeb 6th, 2020

Stingray Reports Third Quarter 2020 Results

Third Quarter Highlights Revenues increased to $81.3 million, an increase of 14.9% YoY Organic growth of 3.3% excluding the impact of foreign exchange.....»»

Category: earningsSource: benzingaFeb 5th, 2020

Trading liquidity tops FX market"s concerns in 2020: survey

The ability to buy and sell foreign exchange whenever needed with minimal market impact is seen by currency traders as the biggest challenge for 2020, according to an annual client survey by JP Morgan published on Thursday......»»

Category: topSource: reutersJan 29th, 2020

Bithumb Exchange Fighting Back Against ‘Groundless’ $69M Tax Bill

The South Korea-based exchange is fighting a move by the country's tax authority to withhold over $69 million in tax on foreign cryptocurrency transactions......»»

Category: forexSource: coindeskJan 16th, 2020