Dec 172018
 
CLS And IBM Expand FX Matching Beyond CLS Settlement Participants

“FX netting will reduce settlement cost for major currency pairs, reduce back office … “Further, there are many FX market participants that do not net the …
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ForexLive Asia FX news wrap: Oil trades down, as does CAD

ForexLive Asia FX news wrap: Oil trades down, as does CAD … EUR is higher for the session, but, like other currencies, with a small range only.
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Russia and China ditching dollar for national currencies payment system to avoid sanctions

Moscow and Beijing are drafting a pact to increase the use of the ruble and the yuan in bilateral and international trade. The countries aim to cut …
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South Africa's rand softens as trade fears offset rate hike

At 0700 GMT the rand was 0.2 percent weaker at 13.7875 per dollar, easing along with other emerging market currencies as investors eyed …
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