Interbank market news scan: Comparison of foreign exchange rates amongst banks; defining counterparty risk.

Currency pair Interbank market(1) Bank of America Wells Fargo OANDA EUR/USD 1.0887 1.0300 1.1471 1.0906 GBP/USD 1.2701 1.2037 1.3375 1.2722 AUD/USD 0.6678 0.6308 0.7023 0.6678 NZD/USD 0.6149 0.5825 0.6479 0.6164 CHF/USD 0.8979 1.0593 1.1754 1.11719 JPY/USD 0.0070 0.0066 0.0074 0.0070 What is counterparty risk? According to the news and education website, Investopedia, counterparty risk is … Continue reading Interbank market news scan: Comparison of foreign exchange rates amongst banks; defining counterparty risk.