Meanings of global forex in English

Numerous banks have been caught up in allegations of manipulation of global forex rates.

China will announce its trade balance this week, an event that affects global forex markets.

More than 40% of global forex trading is conducted in London.

Lows and highs matter in the global forex industry, because investors often line up their bets to happen when such levels are breached.

But a touch of normality threatens to shake the soaring edifice of safe haven bonds, scattering fallout across global forex, commodity and equity markets.

The SFO is also investigating allegations of fraud at Global Forex Investments, another company linked to the case.

Therefore the pound is being dragged down as another dose of uncertainty hits the market, said Marc-André Fongern of MAF Global Forex.

Investors remain anxious with a part of the U.S. yield curve inverted, Marc Chandler, chief market strategist at Bannockburn Global Forex, wrote in a note.

Global forex markets were overshadowed by the continued decline in volatility, lending a boost to higher-yielding currencies such as the U.S. dollar and emerging markets.