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Focus over alleged forex manipulation widens with Goldman and Morgan Stanley in view and Barclays putting three New York-based traders on leave –
The Department of Justice and the FBI have opened a criminal investigation into the possible manipulation of the $5.3T-a-day forex market. The probes add to those being carried out by U.K., EU and Swiss authorities, as well as the U.S. Commodity Futures Trading Commission.
After many years of preparation, 2021 is the critical year for firms to complete their transition away from LIBOR.
In view of the economic fallout from the resurgence of the pandemic, today the ECB Governing Council recalibrated its monetary policy instruments as follows
Ethereum price is under severe selling pressure after the markets close. ETHUSD is now down 8.5% at 2748 hitting the daily low and the lowest level since August 6.
