The world’s 20 major economies will talk to each other on exchange rates and refrain from a currency race to the bottom as part of a joint policy package to soothe financial markets and revive global growth.
While the names in the ranking of the 20 largest pension funds in the world were unchanged in 2015 vs. 2014, there was plenty of movement.
FT Confidential Research survey finds less demand for forex amid stability and capital controls.
Foreign exchange trading through online retail brokers fell by 7 percent in the second quarter of 2016, with a boom in sterling trading around June’s Brexit vote not enough to fuel expansion of one of the currency world’s few recent drivers of growth.
Australia’s dollar was the biggest gainer among major currencies as US and European traders returned from summer holidays on Tuesday, jumping almost 1 percent after the country’s central bank said little on its 10 percent rise since January.
Experts expect the renminbi to remain stable against a basket of currencies as there is no long-term basis for depreciation.
A year after suffering an exchange-rate shock, the export-oriented Swiss economy appears to be finding its footing again.
Market surveillance is spreading from equities into fixed income, currencies and commodities following the market abuse regulations from the European Union coming into force in July.
China’s regulators on Monday issued revised rules on foreign institutional investments in the country’s domestic securities using the yuan currency, another step forward in opening up its markets and encouraging more fund inflows.
Trading analysis for money managers is moving beyond traditional transaction cost analysis — ensuring best execution and cost control — to watching over the entire lifecycle of every trade.
Remco Lenterman has been appointed chairman of the FIA European Principal Traders Association.
The Czech central bank could exit from its weak crown policy around the middle of 2017 even if inflation is still slightly below the bank’s 2-percent target, Governor Jiri Rusnok was quoted as saying on Monday.
Proprietary trading firm Virtu Financial has struggled to expand its market making services to the interest rate swaps market, according to its chief executive.
Business leaders have expressed concerns that the rapidly appreciating baht could dampen exports and suggest business operators hedge foreign exchange risks.
The SWIFT Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community.
Another shot of better than expected data from the UK economy put the wind in sterling’s sails on Monday after the services sector recorded its biggest monthly jump in 20 years, defying expectations of a further leg lower for a currency now trading at a seven-week high.
China’s currency fell toward a six-year low as yuan bears were seen testing the central bank’s tolerance for a weaker currency.
Most emerging Asian currencies eased on Tuesday as investors booked profits from gains in the previous session with the US Federal Reserve seen raising interest rates later this year.
While Bank of Japan Governor Haruhiko Kuroda has indicated an openness to new ideas, at least one measure – buying foreign bonds – appears to be off the table as the central bank explores its options for monetary stimulus.