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The Financial Conduct Authority (FCA) began an investigation into the £3tn-a-day foreign exchange market in June following allegations that traders at major banks had found ways to manipulate a closely followed currency benchmark.
"We are too fixated on Greece," said Stephen Jen, a widely followed currency expert who is now in the process of setting up his own hedge fund.
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The Danish currency, the krone, is pegged to the euro and has followed the currency's 25percentt slide against the dollar during the past 21 months.
If only a fraction of that capital is yanked out by jittery investors it would turn a sell-off into a rout.Past episodes of dollar strength and rising Treasury yields were followed by currency and debt crises in Latin America in the early 1980s and Asia in the mid-1990s.
It has followed the currencies in Europe, its main trading partner, against the dollar.
Following this currency reform, West German public debt increased nearly fourfold in the 1950s, twofold in the 1960s, and fivefold in the 1970s; by the mid-1980s it had surpassed 360,000,000,000 marks.
Silk Road is probably the biggest use of the currency, followed by an unregulated online gambling site known as Satoshidice.
The latest falls in the currency followed Theresa May's announcement on Sunday that the government would trigger the process of leaving the European Union by the end of March 2017, as well as subsequent comments suggesting it would place a priority on restricting immigration into the UK, even at the expense of leaving the single market.
The trueque clubs (the word means exchange or barter in Spanish) emerged in 1995, the brainchild of three young professionals looking for a way to help the lower-middle-class Buenos Aires suburb of Bernal overcome the brief recession that followed the Mexican currency crisis, whose effects had rippled throughout Latin America.
The SNP said a Yes vote followed by a currency union would benefit both Scotland and the rest of the UK.
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