Emerging markets
Dovish Fed improves conditions for EMFX – Morgan Stanley
Weakening investment outlook for US suggests economic performance falling back in line with rest of world
Hunter Lloyd takes BNY Mellon FX sales director role
The hire complements recent advancements in its FX business
BNP Paribas hires Carly Lam in FX sales
Lam joins New York team, covering real-money clients
EM forecaster of 2018: City Index sees range-bound dollar in 2019
Despite ongoing rate hikes, the dollar is not expected to appreciate substantially in 2019, as the Fed tones down its hawkish stance
Fed’s room to hike spells trouble for EMs – Scotiabank
Central banks’ interest rate tightening will make it hard for emerging markets with large deficits
Investors eye Mexico and Brazil amid hopes in regime change
They believe a projected weakening in the dollar will support emerging markets
Volatility will not deter central banks
FX Week Europe panellists think central banks may see return of volatility as healthy mechanism that causes investors to recalibrate expectations
Shterenberg to lead G10 and EM e-FX trading at Barclays
Based in New York, Alex Shterenberg joins the bank from BAML
Best Banks Awards: HSBC
HSBC comes third at the 2018 FX Week Best Banks Awards with three wins, including the Best Bank for Renminbi
Best Banks Awards: Citi
Citi comes second overall, picking up seven accolades, at the 2018 FX Week Best Banks Awards
Best Banks Awards: Standard Bank
Standard Bank has been voted the winner of the Best Bank for South African Rand and Best Bank for African Currencies excluding ZAR at the 2018 FX Week Best Banks Awards
Best Banks Awards: Refinitiv
Refinitiv has been voted the winner of two categories at the 2018 FX Week Best Banks Awards
Best Banks Awards: Banco Santander
Banco Santander has retained its crown for the Best Bank for Latin American Currencies at the 2018 FX Week Best Banks Awards
Johns swaps Nomura for Capula
William Johns worked at the Japanese bank for seven years
Record brings ESG into currency management
Specialist currency manager develops database and methods for improving ESG credentials of its product
ACI partners ICA to promote FX Global Code in Mena
Financial market association joins forces with Interarab Cambist Association
Refinitiv expands in Mena, launches sentiment feed in Japan
Clients can access range of markets in Middle East and North Africa
Barclays hires two for Asian NDF trading team
Bengco and Parameswaran join the bank in Singapore
Renminbi to weaken further as US tariffs bite – City Index
Trade tensions and rising US interest rates will pressure renminbi and EM currencies
BNY Mellon hires Lee as FX trader
Jonathan Lee moves to the bank from Standard Chartered
Dewhurst to head FX and EM sales at SocGen
Alexandre Dewhurst joined the firm in 2009
CFTC charges TFS-Icap with fraud
US regulator claims the interdealer broker encouraged fake FX options bids, offers and trades
Record expands relationship with WisdomTree
The specialist currency manager will provide additional EM signals to the asset manager