EMIR update: clearing for OTC interest rate derivatives in EEA currencies
ESMA released its very first final report on the EMIR cleaning responsibility on 1 October 2014 covering rate of interest OTC derivative classes denominated in one of the G4 currencies (see our related instruction here). Subsequently, on 6 August 2015, the European …
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European currencies fall in the consequences of Paris attacks
European currencies deteriorated Monday as financiers, shaken by coordinated attacks in Paris late-Friday, moved into the perceived safety of the united state dollar and Japanese yen. “Markets are on the defensive,” said Mark McCormick, a global FX strategist at …
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Dovish Outlook Seen For Major Commodity Currencies
With prices of the major export commodities of Australia, New Zealand and Canada declining, their currencies have actually taken a hit. While prices may recuperate next year, a rally in these currencies versus the United States dollar might not be set off owing to the …
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