Forex

Forex

Barclays to set up fourth electronic FX trading hub in Singapore

Barclays Plc will start a foreign exchange trading and pricing engine in Singapore in mid-2021, marking the British lender’s fourth electronic currency trading hub globally.

Forex

SGX wins 'Best Exchange for FX' at FX Markets e-FX Awards 2020

Singapore Exchange (SGX) has been named the best exchange for foreign exchange (FX) at the FX Markets e-FX Awards 2020.

US dollar struggles to stem decline, but gold performs well as investors fret over US job recovery

Forex

US dollar struggles to stem decline, but gold performs well as investors fret over US job recovery

The dollar struggled to stem its broad decline on Thursday as investors worried the US economic recovery may lag other countries due to a high level of coronavirus infections while the global econo

Forex

SGX to fully acquire cloud-based forex trading platform BidFX for $178.3 mil

SINGAPORE (June 29): Singapore Exchange (SGX) will acquire the remaining 80% in cloud-based forex trading platform BidFX from its other shareholders for a total cash consideration of US$128 million

Forex

Ringgit in 'lower for longer' world

(Mar 27): Going by the downbeat forecasts, “lower for longer” applies not just to interest rates but also oil prices, even as more countries enter into various degrees of lockdown to contain the sp

Forex

Singapore woos banks in battle of Asia's biggest forex hubs

(Sept 17); Singapore saw its lead over Hong Kong shrink to just a whisker in the battle to be Asia’s biggest foreign-exchange currency hub.

Forex

Singapore keeps its spot as one of world's largest foreign exchange centres

SINGAPORE (Sept 17): The Monetary Authority of Singapore (MAS) announced that Singapore’s average daily foreign exchange (FX) trading volume has increased by 22% to reach an all-time high of US$633

Forex

China scraps foreign investment limit in stock, bond markets

(Spet 11): China removed one more hurdle for foreign investment into its capital markets almost 20 years after it first allowed access.

Forex

Turkish Lira drops as traders fret over Turkish Central Bank credibility

(July 8): The lira slumped more than 3% after President Recep Tayyip Erdogan’s shock decision to replace the country’s central bank governor fuelled concern the regulator will lower borrowing costs

Forex

Singapore takes split-second chance to be FX hub for Asia's rich

(Apr 25): Singapore is grabbing a sub-second opportunity to win a bigger slice of the world’s US$5.1 trillion-a-day foreign exchange market.

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