UK launches criminal investigation on FX manipulation

Source: CNN Money
The UK has started a large scale investigation into banks such as UBS, Deutsche Bank, Barclays, RBS and others about foreign exchange manipulation. The investigation will target bank and other financial institution employees. There have already been raised such concerns, as a BoE employee was allegedly suspended for it in March.
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Tue, 22 Jul 2014 12:40:04 GMT

Yen slips on temperate reduction in risk aversion

The Yen depreciated against both the Greenback and the Euro on Tuesday following a minor reduction in geopolitical risk aversion, which raised the equity value across Asia. The 18-nation currency grew 0.1% to 137.25 Yen, while the Dollar gained the same 0.1% to 101.48 Yen. The Asian markets could not entirely escape geopolitical concerns, keeping the Greenback and the common currency in a narrow range against the

Tue, 22 Jul 2014 12:18:08 GMT

Political uncertainty in U.K. threatens further economic growth

Political vagueness in Britain may affect the fastest-growing Group of Seven economy. Next year's elections may result in U.K. leaving the European Union if the Prime Minister David Cameron sticks to his post. As the economy of the U.K. is making big steps towards full recovery, political instability in the country heads the list of concerns of the CEO's in the Deloitte survey published in the

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