Sterling extended its losses to reach a four-week low against the euro after weak U.K. jobs data boosted the prospect of another interest-rate cut as soon as March. Dollar positioning reached its most ...

Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...

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John Hawkins was formerly a senior economist at the Bank for International Settlements. Reports of the death of the US dollar appear to be greatly exaggerated (like that of author Mark Twain). Global ...