South Korea’s efforts to globalize its currency are gaining traction, with won trading expanding a year after the nation extended onshore market hours. The average daily volume of dollar-won trading ...

Market hours for Tokyo, London, and New York make up the three major sessions for forex and represent 24-hour trading, and volatility peaks when sessions overlap.

SEOUL, July 4 (Reuters) - South Korea has introduced new measures to boost currency trading during extended market hours, after a year of market reforms to open up the onshore foreign exchange market, ...

The world has quickly awakened to the prospect of trade wars as the US slaps tariffs on just about every country. Stock markets everywhere are reeling, bond prices are tumbling and currency markets ...

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 ...

MUMBAI, May 2 (Reuters) - A working group set up by the Indian central bank has recommended longer operating hours for the interbank money markets, while maintaining the current schedule for the bond ...

Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.

Emerging market debt has weathered a long stretch of tight financial conditions - marked by a strong US dollar, higher global rates, and uneven post-pandemic recoveries. With the dollar softening and ...