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Paradigm shift in forex means new risks

The changing paradigm of the foreign exchange markets might create a new set of pressure points for the industry that need to be addressed, warned delegates at the FX Week Asia congress in Singapore last Tuesday.

Yuan debate reignites

Simon Derrick, chief currency markets strategist at BNY Mellon in London, says the November G-20 meeting could be critical as the US and China set out their respective cases for the direction of the Chinese yuan

Central banks walk the 'not buying dollar' walk

Central banks are increasingly reluctant to accumulate US dollars, and are shifting out of the unit into other G-10 currencies, says Steven Englander, currency strategist at Barclays Capital in New York

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