FX Markets - 19 Aug 2019
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Articles in this issue
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
FX volatility rouses from hibernation
Volatility picks up on back of fluctuating US-China trade tensions and central bank easing
Standard Chartered fares best in mixed Q2 European Ficc results
Client activity remains muted as low volatility and geopolitical uncertainties weigh on sentiment
Argentine central bank tries to halt peso’s slide
Peso falls after primary election results come as blow for President Macri
PBoC says new digital payment system almost ready
New electronic payment system will use double-layer framework for digital currency
Shekel’s strength clouds Bank of Israel’s inflation outlook
Economists ponder whether central bank actions contribute to lower prices and what priorities it should consider in the near future
ECB to assess Croatian banks in euro membership prep
Croatia could join the eurozone by 2024
Tenengauzer heads markets strategy at BNY Mellon, Derrick to retire
Daniel Tenengauzer will lead the bank’s Aerial View market commentary platform and strategy efforts for BNY Mellon Markets
Edgewater realigns key management in New York
Matthew Kassel replaces Jeff Johnson as chief operating officer
Crédit Agricole nabs Chow as head of FX sales
Based in New York, Chow will focus on financial institutions in the Americas
CEO Fleur leaves Solid FX
Former PGGM trading head departed Dutch ECN last month
Central banks need better crypto asset data – ECB research
Links between crypto assets and regulated financial sector may increase and challenge regulatory frameworks
City Index: expect rising FX volatility levels near-term
US-China trade dispute and prospect of currency war combine with Europe’s political uncertainties