McKay Brothers International plans to activate a microwave data link covering the 370 miles between the London suburb of Basildon and Frankfurt, another financial center where Eurex is based.
Japan’s currency strengthened versus all of its 16 major peers as the Bank of Japan began a two-day meeting amid forecasts it will maintain monetary stimulus.
The dollar fell versus a basket of peers as employment gains failed to signal sustained economic growth, damping speculation that the Federal Reserve will raise borrowing costs soon.
The U.S. currency gained on speculation the Federal Reserve will continue to reduce monetary stimulus even as a gauge of business in the Philadelphia region unexpectedly fell this month.
A gauge of major currency volatility fell to the lowest level in more than two weeks before Federal Reserve Chairman Janet Yellen gives her first monetary-policy report to Congress tomorrow.
While a Texas Senate candidate is accepting Bitcoin campaign donations, and Overstock.com customers can use the technology to buy engagement rings, Wall Street sees its future more as a payment system than a currency.
