Trading
The euro: safe haven at last?
The euro has strengthened to its highest level since January, undermining the ECB's weak euro strategy and sparking a debate among FX strategists on whether the common currency should be considered a safe haven
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
PBoC sets daily renminbi fix at four-year low
The Central bank's move comes two days after China's premier said the currency was at an ‘equilibrium'; one analyst expects ‘more depreciation down the road'
China's premier says renminbi at ‘equilibrium’
Li Keqiang plays down the risk of further renminbi depreciation, vowing it will be ‘kept basically stable' at the prevailing rate in a move that may offer relief to hard-hit emerging market currencies
Markit to acquire DealHub
The acquisition will enable Markit to offer customers a comprehensive FX solution
Asian currencies reach multi-year lows
Ringgit and rupiah worst hit as China stock plunge reverberates through FX markets; worst day since ‘taper tantrum', says strategist
LCFX rebrands as Spectra, makes four hires
FX options agency specialist Louis Capital FX changes name to Spectra FX Solutions
Weaker yen lifts TMS Brokers to the top
Polish broker tops this week's rankings with three on-target calls
Equinix expands in Singapore
As Equinix expands its newest data centre in Singapore, the business of matching FX trades rests with the major centres in Tokyo, London and New York
Greece braces for snap election in September
Impact on FX market yet to come, analysts say
FX lawsuits to hit London in October
A change in the law allows for similar class action cases to those in the US
Corporates face paper losses from renminbi slide
An intervention by China's central bank causes unrealised corporate hedging losses
New Zealand firms raise FX hedging amid elevated uncertainty
Survey shows an increase of more than 10% in FX forwards usage while micro-businesses are establishing hedging policies for the first time
EM nations react to Chinese renminbi move
Reference rate of dollar-pegged VND lowered and trading band widened as the central bank seeks to defend reserves amid fallout from CNY devaluation
IMF freezes SDR, but will still decide on renminbi this year
Decision comes a week after historic yuan devaluation
Saxo hits jackpot with dollar call
Danish bank tops this week's forecast tables following dollar bull run
Individuals to come under fire in FX cases within a year
The outcome of the first Libor trial will have significant influence on FX investigations against individuals
China pauses renminbi devaluation
Move signals short-term rate is stabilising, but analysts warn the risk-off environment prompted by Tuesday's shock announcement could cause sell-off to escalate
Aggressive HFT stable in major currencies
High-frequency trading in FX remains below the levels seen in equities, according to research from AbleMarkets
CSC to acquire Fixnetix
A final deal between the two firms is expected in Q3 2015
Saha replaces Roy as CCIL risk chief
After Siddhartha Roy retires from the Indian FX clearing and settlement firm
Dollar strength pushes Danske to the top
Danish bank tops this week's forecast rankings
Diversify more and expect less in the second half of 2015
JP Morgan Asset Management sees more price swings and increased instability ahead
What price failure to get on top of FX risk?
As global FX volumes rise, Dev Bhudia of GoldenSource explains why certain asset managers and hedge funds are seeking alternative ways to manage pricing risk