Strong demand for contracts that protect from declines in Mexico’s peso shows lingering concern the currency is vulnerable to a fresh selloff after a six-week rally.
Inside some of the world’s biggest asset managers, the quants are transforming a centuries-old theory to answer a burning question: What is the dollar’s true value?
USD to Peso graph
Pound Falls, Volatility Jumps as Polls Show Momentum for Brexit - Bloomberg
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Denmark pegs its krone to the euro in a tight band
The krone has strengthened since the ECB cut in March and Denmark didn’t follow. The krone is pegged to the euro.
Danish FX reserves measured in billions of kroner
Denmark uses negative rates to defend the krone’s peg to the euro.
Doha Failure Weighs on Commodity-Exporter Currencies; Yen Gains - Bloomberg