FX: Bad news better than no news as sterling surges on hard Brexit talk

FX: Bad news better than no news as sterling surges on hard Brexit talk

On a day many expected would see the pound sink to new depths, the currency instead responded to news that the UK would be leaving the single market by posting its best performance since the referendum – but whether the day marked a turning point or a mere relief rally, nobody can be sure.

FX: Start-up BestX wins first bank client with JPMorgan

FX: Start-up BestX wins first bank client with JPMorgan

JPMorgan’s decision to adopt a newly launched trade analytics service for its market-leading currencies business highlights the need for independent validation of execution quality in foreign exchange, according to the service’s co-founders.

2017: the biggest themes in FX

2017: the biggest themes in FX

Volatile markets, political noise and a culture revamp will be the top themes in foreign exchange for 2017, predict currency experts.

FX: Fed indicates steeper path for US rate rises in 2017

FX: Fed indicates steeper path for US rate rises in 2017

The painstakingly gradual loosening of US monetary policy continued this week, with the second rate rise in the cycle coming one year after the first, but the Fed gave markets something to think about by indicating it expects to raise rates three times in 2017.

BitLicense not template for UK, say experts

BitLicense not template for UK, say experts

While accepting that regulation can help increase consumer and business confidence in cryptocurrencies, providers and industry analysts agree that the BitLicense model is not the way forward for the UK

Data sensitivity further complicates PSD2

Data sensitivity further complicates PSD2

Implementing Payment Services Directive II is already causing headaches for plenty of European banks, even before they face up to the potential impacts of data privacy and messaging standards.

R3 releases Corda as blockchain strains start to show

R3 releases Corda as blockchain strains start to show

Even as some original founders withdraw from the R3 consortium of banks developing blockchain proofs of concept, it opens up what could become a key piece of infrastructure for the future of wholesale financial services.

FX market grapples with tech dilemma

FX market grapples with tech dilemma

Banks and brokers face a tough decision as they struggle to keep up with technology: when to abandon upgrades and take the plunge into a new system.