Geopolitics
Trump’s FX impact: a tale of two terms
Traders say Trump version 2.0 is already proving a much tricker task to manage than the original, and have had to adapt
Best broker for NDFs: EBS | CME Group
Amid a whirlwind of geopolitical and macroeconomic events, EBS saw a substantial pickup in non-deliverable forward trading activity on its Clob in 2022
Offshore waves: how the ruble is becoming a painful trade
As liquidity dries up in markets affected by sanctions, trading is shifting from electronic venues
‘Broken’ euro FX options market facing liquidity concerns
Traders worry about market depth as surge in put buying sees risk reversals hit extremes
Ruble NDF pricing rupture alarms traders
Conflict sparks big dislocation between ruble NDF and spot, threatening hedges and clouding valuations
USD/HKD carry trade shrugs off interventions
Rate differential drives Hong Kong currency higher despite HKMA’s efforts