Thai baht
Foreign corporates rally round new Thai baht hedge rules
Cheaper onshore pricing draws non-Thai corporates to Bank of Thailand’s new FX hedging scheme
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Bank of Thailand voices concerns over baht appreciation
Thai central bank says it has cut supply of short-term bonds to curb hot money inflows
The EM units to watch as US and China make peace – Swissquote
Currencies such as the Thai baht, which trades heavily with China, should benefit from easing tensions
LCH adds five currencies to non-deliverable swaps offering
Expansion in response to customer demand in Asia and Latin America
WM/Reuters Thai baht benchmarks to be sourced from Matching Clob
The baht benchmarks are now based on trade data rather than indicative rates
China launches CNY/THB on CFETS
Moving interbank trading in the pair to onshore markets aims to support initiatives such as Belt and Road
ING launches EM-USD indices on Bloomberg
The indices are tradeable benchmarks covering 12 emerging market currencies
Malaysia and Thailand ink 'milestone' settlement deal
Asean economies aim to settle more trade and investment in local currencies. The initiative will reduce ‘exposure to volatility of global settlement currencies' and business costs
Thailand relaxes capital controls
Bank of Thailand announces measures to make it easier for residents to invest abroad and for foreigners to trade bahts
G-20 needs to arrest currency wars to stop Asian deflation
Callum Henderson, global head of FX research at Standard Chartered calls for leaders to put a stop to currency wars; says SGD is an ideal candidate for funding relative value carry trades in Asia
CLS aims to double currency coverage by 2022
New chief executive David Puth answers the pressure on CLS to add to its 17 currencies by setting a goal of doubling its coverage over the next 10 years
Spotlight on: David Puth, CLS
As newly appointed chief executive of CLS, FX industry veteran David Puth has a job on his hands to expand and improve the utility’s capabilities, currencies and participation to take it to where regulators and the industry need it to be. In his first…
CLS: the 10-year-old man in the middle
Ten years on from launch, CLS has come to occupy a unique and systemically important position in the global FX market. In the first of a two-part series, chairman Gerard Hartsink talks to Kathy Alys about CLS’s highs and lows in a decade as the market’s …
Swift to roll out structured messages for bilateral trade netting
Industry messaging provider aims to streamline netting of non-CLS currencies
Cautiously optimistic on EM currencies
While FX markets remain constrained by weaker-than-expected growth, a savvy combination of emerging market currencies offers the potential for strong returns, argues Callum Henderson
Weighing up renminbi prospects
Despite the high-profile attention to London's potential as the western hub for renminbi business, central bank and corporate appetite for the currency appears lukewarm
CLS pushing 'transformation' agenda, says Bozian
Central settlement utility is feeding greater resources into expanding its universe of currencies, according to chief executive Alan Bozian
G-10 troubles fuel sell-off in EM currencies
Declining risk appetite and a flight to quality have driven a sell-off in some emerging market currencies and pushed up the cost of hedging, say participants
September year-on-year volume increase at CLS
NEW YORK – CLS experienced a year-on-year rise in volumes settled over its system in September.
Wells Fargo: Commodity currencies power ahead
Wells Fargo topped this week’s one-month currency forecast rankings with expectations for commodity and emerging market currencies to benefit from the US Federal Reserve policy of maintaining high levels of liquidity.