Last look gets thumbs down in revised FX Global Code

Despite the currency's slump since Brexit vote, only 46% of companies are hedging FX risk.

Business confidence sinks to lowest level since 2011, and Bank of England governor warns of tough times ahead.

Global FX volatility hit its highest level since 2011 last month.

Global FX volatility hit its highest level since 2011 last month.

ECB and European central banks buy sovereign debt of at least five countries.

ECB and European central banks buy sovereign debt of at least five countries.

Volatility has led some brokers to cease trading the currency, others to raise prices.