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United States

Saikat Chatterjee

Surge in use of algorithms may hurt quality of FX prices - BIS

3:04am EDT

LONDON The growing use of computer-run algorithms to trade currencies is helping foreign exchange markets function but could undermine the quality of forex prices reported publicly if they become too common, the Bank of International Settlements said on Friday.

Vote and virus: volatile markets bring reminder of March turmoil

Oct 28 2020

LONDON Equity and currency volatility shot higher on Wednesday and the cost of sourcing dollars rose, reflecting fears that the U.S. election and resurgent COVID-19 pandemic could tip markets back into the sort of chaos endured earlier this year.

CORRECTED-UPDATE 3-Vote and virus: volatile markets bring reminder of March turmoil

Oct 28 2020

LONDON, Oct 28 Equity and currency volatility shot higher on Wednesday and the cost of sourcing dollars rose, reflecting fears that the U.S. election and resurgent COVID-19 pandemic could tip markets back into the sort of chaos endured earlier this year.

COVID-19 pandemic deals body blow to quant models, study shows

Oct 25 2020

LONDON The coronavirus pandemic has dealt a body blow to the quantitative model-based style of investing, with a majority of the firms using such strategies negatively impacted, a study by Refinitiv has found.

Analysis: Move over bonds, FX taking over as investors' new favourite playbook

Oct 23 2020

LONDON A dearth of action in fixed income markets is prompting bond investors to focus more on currencies to spot market trends, marking a turning point for the gigantic but generally murky foreign exchange markets.

Analysis: Move over bonds, FX taking over as investors' new favourite playbook

Oct 22 2020

LONDON A dearth of action in fixed income markets is prompting bond investors to focus more on currencies to spot market trends, marking a turning point for the gigantic but generally murky foreign exchange markets.

FOREX-Euro rebounds to 1-week highs as stocks gain; mood subdued

Oct 20 2020

LONDON, Oct 20 The euro rebounded to a one-week high on Tuesday as global stocks recovered from early losses with investors broadly in consolidation mode before the No. 3. U.S. presidential election.

FOREX-Euro struggles as U.S. deal hopes fade, COVID spreads

Oct 20 2020

LONDON, Oct 20 The euro struggled to rise above the $1.18 level on Tuesday as fading hopes for a U.S. coronavirus aid package dealt a blow to risky assets worldwide, with rising coronavirus infections in Europe also weighing on the single currency.

Pound climbs above $1.30 as traders bet on Brexit breakthrough

Oct 19 2020

LONDON The British pound extended gains and climbed above $1.30 on Monday as hopes grew that British and European negotiators might be able to salvage post-Brexit trade talks.

UPDATE 3-German bond yields fall to lowest since March as COVID cases surge

Oct 15 2020

* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr (Adds details, updates prices)

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