Treasury Committee, On 3 March 2015, the Treasury Committee heard evidence from representatives of the Bank of England on the Bank of England Foreign Exchange Market Investigation.
The inquiry responds to Lord Grabiner's independent report on possible Bank of England involvement or awareness of conduct issues in the foreign exchange market between 2005 and 2013.
The foreign exchange (Forex) market is a virtual trading place where dealers buy and sell currencies. Most foreign exchange trading is speculative, trying to take advantage of movements in currencies. Prices are changing on a second-by-second basis as currencies respond to the changing flow of economic news.Read More
The inquiry responds to Lord Grabiner's independent report on possible Bank of England involvement or awareness of conduct issues in the foreign exchange market between 2005 and 2013.
The foreign exchange (Forex) market is a virtual trading place where dealers buy and sell currencies. Most foreign exchange trading is speculative, trying to take advantage of movements in currencies. Prices are changing on a second-by-second basis as currencies respond to the changing flow of economic news.Read More
