Emerging markets
Outlook for Asian FX in 2016 looks bright
There is a 50/50 chance that China will scrap its dual-currency system in 2016, says one analyst; others worry about the impact of a strong dollar and uncertain trajectory of Fed rate hikes
RBC says ECB is done, focus on Fed
Adam Cole, head of G10 FX strategy, outlines the bank's expectations for 2016
Saxo signs partnership with JSC Galt & Taggart
The new partnership aims to bolster Saxo Bank’s business platform for its institutional client base
Renminbi payments double between China and Japan
But while the Chinese currency is booming, trading volumes in the wider FX market fell in November
FX can protect the portfolio during shocks
While not always providing spectacular returns, holding foreign exchange as part of a wider portfolio can be extremely valuable
IMF approves renminbi's inclusion in SDR basket
The move puts the renminbi on course to achieve reserve currency status
CLS discusses renminbi inclusion with PBoC
The talks, which have been going on for several years, are still in the exploratory phase
EM currencies set for brighter year in 2016
As uncertainty over the timing of the Federal Reserve's rate hike is likely to fade, emerging markets currencies are set for a stronger year
Banks eye Traiana for EM FX netting service
Industry turns to the Icap-owned utility as CLS's emerging markets push stalls
China lets central banks use Isda agreements for FX derivatives
China allows derivatives trading based on international standard agreements for the first time; applies only to sovereign investors and FX derivatives
Best Bank for Renminbi: Bank of China
Bank of China wins inaugural renminbi award
Best Banks Awards: Thomson Reuters bags three wins
Thomson Reuters wins Best Broker for EM, Forwards and Best Market Data Provider for FX
Best Bank for Australian Dollar: ANZ
The Australian bank has taken advantage of global players reducing their business in ANZ's core markets to strengthen its own presence there
Best Bank for Emerging LatAm Currencies: Banco Santander
Rocked by falling oil prices, political scandal and lacklustre economic growth, Latin America is not a playground for the weak. Still, Banco Santander has a deep foothold there and is taking a personalised approach with clients until the storm passes
Best Bank for Canadian Dollar: BMO Capital Markets
Proving itself a leader in its home currency, BMO Capital Markets now has its sights set on the renminbi
Best Bank for Asia, EM Asia and EM Emea: HSBC
HSBC continues to dominate emerging Asian and Emea currencies, and it is also voted best bank for FX in Asia-Pacific
Best Bank for South African Rand: Standard Chartered
Standard Chartered wins the award for the rand as it builds its African ambitions
Lagarde supports RMB inclusion in SDR basket
IMF managing director endorses the renminbi's inclusion in the special drawing rights basket after a staff report deems it 'freely usable'; executive board decision expected on November 30
USD/CNH enters top-five traded pairs on ParFX
The offshore renminbi experiences exceptionally strong growth in September
Tullett Prebon bets on OTC broking with Icap buy
Icap sells its global hybrid broking business to rival Tullett Prebon amid difficult market conditions
TPP countries strike ‘unprecedented' deal against currency manipulation
The 12 member states of the Pacific free-trade deal sign a declaration vowing comprehensive disclosure of FX data; members will have to abide by rules against competitive devaluation
South Korea eyes panda bonds in China
Local media reports that Korean government has submitted formal request to Beijing following financial co-operation deal struck last week that also paved way for direct RMB/KRW trading
IMF foresees ‘lasting upswing' in US dollar
Updated flagship report warns EM corporates ‘natural hedge' against stronger dollar could become redundant if energy prices continue to slump
R5FX goes live with pesos and real
EM platform opens its first three currencies to live trading