OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
The Future of Retail Payments in the United…
It is a pleasure to be here today with Esther George and Ken Montgomery to talk about the future of America's retail payment system. Recognizing that the retail payment infrastructure touches every American, a year…
Federal Reserve Board announces the extensions of its…
The Federal Reserve on Wednesday announced the extensions of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities (FIMA repo facility) through March 31, 2021.…
MAS Announces Extension of the US$60 Billion Swap…
Singapore, 30 July 2020…The Monetary Authority of Singapore (MAS) announced today that it will continue to provide US Dollar (USD) via the MAS USD Facility following the extension of MAS’ US$60 billion swap arrangement with…
Navigating Monetary Policy through the Fog of COVID
The COVID-19 contraction is unprecedented in modern times for its severity and speed. Following the deepest plunge since the Great Depression, employment and activity rebounded faster and more sharply than anticipated. But the recent resurgence…
Report Finds Mixed Bag For Markets Recovering from…
SIFMA is the Securities Industry and Financial Markets Association, and that organization recently released a report on how markets have responded to coronavirus. The verdict from SIFMA is mixed. “Market performance has been a mixed…
FED: Global in Life and Orderly in Death:…
Vice Chair for Supervision and Chair of the Financial Stability Board (FSB) Randal K. Quarles At the Exchequer Club, Washington, D.C. (via webcast) Good afternoon ladies and gentlemen. I would like to thank the Exchequer…
Fed Chair Says Commercial Paper Market Strong
The American commercial paper market is functional and healthy again, according to the head of the Federal Reserve. Jerome Powell is the Chair of the Federal Reserve and he testified earlier this week along with…
With a second extraordinary market incursion by the…
With a second extraordinary market incursion by the Federal Reserve in about a decade, a Democratic Congressman wonders if the US isn’t creating systemic moral hazard. Jim Himes is a Democratic Congressman from the State…