Onshore renminbi (CNY)
Chinese corporates step up FX hedging after reopening
Exporters eye hedges as RMB strengthens, but negative forwards points are a turn-off for some
PBoC deposit requirement hits FX hedging, again
Reinstated rule hikes forwards costs and dents volumes, but volatility sees corporate demand persist
Should RMB be treated as a G10 currency?
As it becomes the fifth most-traded currency, dealers weigh pricing and risk managing RMB like a G10 equivalent
MSIM option strategy set for payout
Manager has spent over $400 million buying options that have yet to generate returns – until now
After FTSE inclusion, China bonds still face CNY hedge hurdles
Lack of pricing competition and costly hedges top buy-side hurdles to investing in China, says ChinaFICC CEO
Chinese exporters urged to ramp up US dollar hedges
Dealers join China’s Safe in sounding alarm at mounting unhedged FX exposures
Tighter RMB rates basis brings new hedging opportunities
Increasing alignment between CNH and CNY benchmarks opens door to more cross-currency hedging by foreign lenders
Isda plans separate workstream for currency disruption provisions
Industry body to exclude update from 2020 definitions
China derivatives appetite set to grow as PBoC lifts deposit rule
Central bank rule change could cut hedging costs by up to 100bp, traders say
Filings reveal biggest FX forwards dealers
Counterparty Radar: Group of four banks executed 48% of sector’s trades during second quarter
RMB hedging comes onshore as regulators liberalise FX market
Foreign investors turn to CNY for bond hedges as rule changes spur more competition
Banks trade first USD/CNY cross-currency swap versus SOFR
Risk-free rate sets new milestone with Crédit Agricole and Bank of China’s $10m trade
For FX vol, think globally, but act locally
Country-specific stories are where to look for volatility, writes Fenics
Danske: yuan rebound when coronavirus under control
Other EM currencies such as ruble likely to gain ground against dollar
EM forecaster of 2019: City Index
CNY could hit 7.5 in H2 2020 as trade doubts linger and time runs out for Trump
City Index: yuan under pressure as US-China tensions rise
Retaliatory measures put further downside pressure on yuan while dollar will be mixed in 2020
TD Securities: renminbi to sink to 7.30 amid US-China tensions
Move will alleviate some pressure from US tariffs; bank expects interim gyrations in EM trading
USD/CNY will be the next EUR/USD, say traders
When China’s capital markets are fully open, the impact of the renminbi on FX markets will be immense
Markets look for yuan to reach 7.50 amid rising trade tensions
Scaling up of tariffs could weaken the renminbi further, say panellists at FX Week Asia conference
Swissquote: Fed rate cut would be boon for EM currencies
Cutting interest rates in US will favour risky assets, bank says
Yuan shines as UK FX turnover slips
Average daily London trading was lower in October, as were the tallies in New York and Singapore
ABN Amro: investor sentiment remains EM currencies’ Achilles heel
While EMFX valuations are attractive, their good fortune is contingent on other markets
Best Banks Awards: HSBC
HSBC comes third at the 2018 FX Week Best Banks Awards with three wins, including the Best Bank for Renminbi
China’s FX reserves unexpectedly rose in July
Total reserves stockpile increases by $5.82 billion as the central bank stays on the sidelines