Next year will mark a pivotal moment for the foreign exchange market as the hedging of FX swaps reaches a tipping point toward full electronic execution. The industry has been moving steadily in this ...
John Hawkins was formerly a senior economist at the Bank for International Settlements. Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain). Global ...
Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...
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