Tag: foreign-exchange market

[dice with euro, pound, yen, and dollar symbols]

Contagion Spreads in Emerging Markets as Crises Grow

The worst sell-off in emerging-market currencies in five years is starting to show ill effects from the Federal...

Federal Reserve Building

Federal Reserve Probing Banks for Possible Forex Fixing

The Federal Reserve is investigating whether traders at the world’s biggest banks rigged benchmark currency rates, raising the...