High-Risk Options Bet on Bond Rally At Risk of Losing Millions
A low-cost position entered into during the US session Thursday stands to mint around $15 million if the 10-year Treasury…
Category: Forex
Dollar’s status as a reserve currency to endure – Wells Fargo
The move by U.S. authorities to confiscate Russian assets could add to recent efforts to diversify from the dollar, but…
Asia FX weakens, dollar firms as markets rethink rate cuts
Most Asian currencies weakened on Wednesday, while the dollar firmed as comments from Federal Reserve officials saw markets rethink expectations…