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Reports of the petrodollar system’s demise are ‘fake news’ — here’s why
Market Watch· 21 minutes agoThe collapse of the accord would inevitably deal a fatal blow to the U.S. dollar’s status as the de...
Currency Traders Readying for a ‘Vol Killer’ Summer After Fed
Bloomberg via Yahoo Finance· 12 hours ago(Bloomberg) -- Investors hoping the coming months would bring an explosion of currency volatility on...
Saudi Arabia Drifts Away from Washington and the Dollar
Ludwig von Mises Institute· 7 hours agoFervor over the story was large enough that economist Paul Donovan at UBS felt the need to clarify...
Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further...
INSIDER via Yahoo News· 1 day agoRussia's central bank said on Thursday that the currencies from "friendly countries" and the ruble...
Verto launches foreign exchange marketplace
Electronic Payments via Yahoo Finance· 12 hours agoProduct launch designed to address critical pain points for currency traders with Verto Marketplace overcoming the challenges of limited rate control,...
You took foreign money home from a trip. Here’s how to get cash for it.
Washington Post· 22 hours agoUnused foreign currency is a waste of money. According to global charity Oxfam, unutilized foreign...
Eisler’s Currency Trader Oakley Set to Return With New Risk Limits
Bloomberg via Yahoo Finance· 19 hours ago(Bloomberg) -- A top currency trader at Eisler Capital is getting a second chance to turn a profit...
A Strong Dollar Lifts Currency-Hedged Funds. There’s a Better Reason to Own Them.
Barrons.com· 3 days agoHedging reduces volatility, but many investors like the funds for their recent outperformance. Be...
Customs officers seize $159K in unreported US currency, 200 rounds of ammo at border
KIRO 7 Seattle-Tacoma· 4 days agoCustoms agents in southern Texas seized more than $159,000 in unreported U.S. currency and 200...
JPMorgan Sees Carry Trade Losing Appeal on Rising Volatility
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- The appeal of currency carry trades may wane in the long term due to increased...