Emerging market currencies benefited handsomely from the US central bank’s huge quantitative easing programme. With that now being unwound and with China slowing, emerging currencies are now in retreat. Those from economies with weak fundamentals are especially vulnerable.
Foreign exchange: tough times for emerging markets

The future of FX regulation
May 1, 2014With the foreign exchange market reeling from global investigations into the possible manipulation of trading, Frances Faulds looks at the impact more onerous regulation might have on the market.