Market participants may have underestimated the FX costs involved in the move to T+1 in North America, because they were not the primary focus during the implementation phase, when the emphasis was on ...

The People’s Bank of China (PBOC) plays a pivotal role in shaping global foreign exchange (FX) markets through its daily yuan fixing mechanism. By establishing a central parity rate for the USD/CNY ...

The multi-currency settlement system has seen no decrease in values or volumes suggesting no shift to bilateral settlement, though some trends are emerging with regards to submissions to CLS. CLS saw ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Has the FX marketplace already priced in impacts to the US ...

Below are the most important global events likely to affect FX and bond markets in the week starting May 19. As markets calm after the U.S. and China agreed to slash tariffs for a period of 90 days, ...

TOKYO (Reuters) -Japan's top currency diplomat, Atsushi Mimura, on Monday cautioned about foreign exchange moves and their negative impact on the country's goal of achieving real wage growth. Citing ...

The Central Bank of Nigeria (CBN) took strategic step to enhance transparency and boost market confidence with the inauguration of the Nigeria Foreign Exchange Code (FX Code) in Abuja. Six months ...

July 31 (Reuters) - Accor (ACCP.PA), opens new tab, Europe's biggest hotel group, on Thursday forecast a larger-than-expected impact from adverse exchange movements this financial year, causing its ...