Europe
Major economies already engaging in ‘currency wars’ – former IMF chief
De Larosière floats new commodity-based exchange rate regime; says “trust” is key to avoiding “beggar-thy-neighbour” policies
FX data shows hold, reject divide in G10 vs the rest
Use of analytics can help reduce last look and improve FX Code adherence, says EBS executive
Spot FX could be dragged into Mifid II
EC tells FX Markets it is studying Australian-style approach to regulating currency trading
G10 forecaster of 2019: Rabobank
Sterling’s future is still very dependent on Brexit-related developments, the bank says
Lagarde promises wide-ranging review of ECB monetary policy
ECB to form digital currency task force as Lagarde calls for EU action on green finance
Westpac: pound rally to continue as hopes for Brexit breakthrough rise
As polling leans towards Conservative majority, the bank warrants outright long cable positions and expects pound surge
360T launches streaming NDFs
Technology is designed to facilitate entry of bank algos into growing non-deliverable forwards market
Best Bank Awards: ABN Amro
ABN Amro wins Best prime-of-prime house at the 2019 FX Week Best Bank Awards
Hamberger to head e-FX at Credit Agricole
The bank's former global e-FX product manager is promoted
Wilkins promoted to Ficc Emea role at Goldman Sachs
David Wilkins was previously head of global e-FX sales
Danske Bank: yuan to rise on trade tailwind in 2020
Chinese currency expected to strengthen in light of economic recovery
CLS introduces first data product for FX forwards market
In the past, CLS only provided data products for the FX spot market
Baggioli appointed COO at M-DAQ Group
Former global head of FX prime brokerage at BNP Paribas has been promoted
Lauerman joins Oanda as business solutions head
Saxo Bank's former global head of electronic distribution moves on after seven years
Geneva subsidiary boosts smartTrade’s presence
The technology provider also expands Paris sales team with two hires
BGC's Lucera hires Crane
Following a career that began in product management at EBS in 1990, Crane moves to the fintech firm
ECB and PBoC renew bilateral currency swap
Euro-renminbi currency swap agreement will stay in place until October 2022
Millennium Global expands European presence with Paris office
The firm is set to make 12 new hires at its recently opened French base
Qureshi replaces McAuley as DBS Bank’s head of trading
Former head of GBP rates trading at SocGen joined the firm this month
Rabobank: dollar to remain moderately strong
Despite recent Fed cuts, proactive G10 central banks and interest rate differentials still supportive for greenback
Tradepoint onboards 10 streaming NDF providers for broken dates
The firm sees greater use of algos to trade NDFs in increasingly electronified market
Mellor swaps Nex for Refinitiv
Nex Group’s former chief marketing officer joined the firm earlier this month
Boehler joins UBS as global head of FX distribution
BNP Paribas’ former co-head of FXLM and commodity distribution moved this month
Tradefeedr partners Goldman Sachs, UBS and XTX Markets
The Tradefeedr tool aims to replicate analytics used by banks and large market-makers when pricing counterparties