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| The algos are coming for the currency market Algorithmic trading has revolutionized equities and bond markets, making them more efficient, but also spreading fear over flash crashes. Now they may be headed for the less-regulated multi-trillion dollar foreign exchange market. According to a report this week from Greenwich Associates, titled "The ...
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| Kerb Currency Market 9 February 2018 KARACHI,(UrduPoint / Pakistan Point News - 09th Feb, 2018 ):Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Friday. F. C LOW RATE HIGH RATE U.S $ (Inter Bank) 110.55 110.65 U.S $ (Cash Free Market) 111.20 ...
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| FOREX-Euro set for worst week since 2016 as dollar extends rally More broadly, the dollar against a basket of currencies was up 0.3 percent and has now gained 1.4 percent this week, the best performance since November 2016. The U.S. currency remains down 1.8 percent this year, however. Stephen Gallo, European Head of FX Strategy at BMO Capital Markets, ...
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| Currency Rates Of NBP 9 February 2018 KARACHI,(UrduPoint / Pakistan Point News - 09th Feb, 2018 ):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. U.S.A 111.61/ 108.97 S.ARABIA 29.61/ 27.87 U.K 155.52/ 151.85 JAPAN 1.0241/ 0.9994 EURO 136.77/ 133.54 U.A.E ...
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| Virtual currencies need firm global regulation - ECB's Mersch Cryptocurrencies like bitcoin and the banks and financial firms that trade them need to be more closely regulated, one of the ECB's top policymakers has said. Officials from the world's top economies are set to discuss the impact of digital currencies at next month's G20 meeting in Argentina. They are ...
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