Hedge funds that bought foreign exchange options in a bet on increased volatility around the US presidential election have largely unwound their positions, sending vol levels sliding across several currency…
Category: Forex Trading Strategies
Court challenge begins against UK oil and gas field approvals
Two environmental groups kicked off a legal challenge in Scotland on Tuesday to block the Rosebank and Jackdaw oil and gas fields in the North Sea, with activists optimistic of…
War reaches Lebanon's far north after rare, deadly Israeli strike
A day after Israeli warplanes flattened their building, Lebanese residents helped rescuers scour the rubble for survivors, still reeling from the rare strike in the country’s far north. The bombing…
Shanghai Clearing House urged to take bond collateral for FX trades
Shanghai Clearing House is facing calls to accept bonds as margin for foreign exchange trades, as dealers reel from high clearing costs exacerbated by paltry interest payments on cash collateral.…