London Afternoon Currency Spikes Subside as Regulators Probe

Trading is changing in the minutes before currency benchmarks are set as regulators shine a light for the first time on alleged misconduct in the $5.3 trillion-a-day foreign-exchange market. Sudden fluctuations in exchange rates ahead of the 4 p.m. London close, cited by market participants as in…

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London Afternoon Currency Spikes Subside as Regulators Probe

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