Regulation
Central banks walk the 'not buying dollar' walk
Central banks are increasingly reluctant to accumulate US dollars, and are shifting out of the unit into other G-10 currencies, says Steven Englander, currency strategist at Barclays Capital in New York
UK's FXJSC puts brakes on forex CCP
The London Foreign Exchange Joint Standing Committee (FXJSC) has ruled out the immediate need to implement a central clearing facility to manage counterparty risk (a CCP) in foreign exchange, citing a series of mismatches in market conventions in a white…
FX chief sues St George over payout
Base salary calculation not reflective of overall compensation structure for traders, claims former fx options executive
ECB looks for the exit
Michael Woolfolk, an economist at Bank of New York Mellon in New York, evaluates the impact of last Thursday's European Central Bank decision