LONDON: At the end of World War I, John Maynard Keynes was part of the British delegation to the Paris Peace Conference, where the victorious Allies dictated the peace terms for the defeated Central Powers. He emerged from the conference distraught...
LONDON: Investors typically view the US dollar’s exchange rate through a Federal Reserve-centric lens. Yet while the Fed’s aggressive rate-hiking cycle clearly worked in the dollar’s favour last year, the greenback owed its...
LONDON: Thirty years ago, on September 16, 1992, currency speculators forced the British Government to abandon the commitment of the pound sterling to the European Exchange Rate Mechanism. In the days that followed “Black Wednesday”,...
