FX swaps market shows sign of U.S. dollar funding pressure
The cost of raising U.S.
dollar funds in the Japanese and European currency swaps market
has surged this week, suggesting increased demand for the
greenback and heightened funding stress related to the
fast-spreading coronavirus.
dollar funds in the Japanese and European currency swaps market
has surged this week, suggesting increased demand for the
greenback and heightened funding stress related to the
fast-spreading coronavirus.
Posted by Reuters
