Clients of Greek banks pulled out more than EUR 1 billion ($1.1 billion) on Friday, with the amount withdrawn from ATMs since last weekend exceeding $4.5 billion.
Read moreThe new contracts, Eris Standard EUR Interest Rate futures and Eris Standard GBP Interest Rate futures, will trade and clear at ICE Futures Europe and ICE Clear Europe. They are based on the product design of Eris Exchange US dollar-denominated Eris Standard Swap future and Eris Flex Swap future contracts
Read more"When Greece warned on the 22nd of the month that it would be unable to meet its next debt payment at the end of May, the EURUSD pair tumbled even more, falling below 1.10 and remaining there through the end of the month" - Jameel Ahmad, Chief Market Analyst at ForexTime (FXTM)
Read moreProfessor of Applied Economics at Johns Hopkins University in Baltimore Steve Hanke advocates a Grexit, stating that the nation joined the Eurozone in order that it could intentionally have no financial discipline
Read moreFX swap market activity continued to be one of the most dynamic and liquid areas of activity within the money market, with this segment ranking second in terms of total turnover, despite fluctuations in activity in 2013 and 2014.
Read moreOutright selling of the Euro by central banks could still run into a 12-figure sum, a significant flow out of the single currency and a major force for further weakness as central banks steer clear of negative-yielding assets
Read moreFX volatility remains high, however the Euro has begun a further downward slide against the US Dollar, and the British Pound slumps to a 5 year low
Read moreSwitzerland's national bank removed the peg on its currency against the Euro, whereas Denmark is doing its utmost to keep it. LeapRate takes a look at the two differing approaches and their consequences
Read moreFriday's US employment data showed 126,000 new jobs which was less than had been expected, resulting in the Euro rising above the 1.10 mark for the first time in over a month
Read more"It appears the Bank of England is joining the currency wars and this all paints a grim picture for sterling vs the US dollar and I expect an imminent visit of 1.40, with 1.30 a realistic target for end Q2" - Nick Beecroft, Senior Analyst, Saxo Capital Markets
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