Bad news for Asian FX, esp PKR
Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian currencies to lows not seen in months, in some cases years, robbing the Pakistani rupee…
IMF, others should give $100bn climate FX guarantee
A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries by providing currency guarantees…
Emerging market turmoil may bring FX controls back on radar
The coronavirus pandemic and oil price collapse have made emerging markets a lightning rod for volatile capital flows, raising the question whether currency controls might creep back on the radar…
A little help from our friends: banks team up as FX trading gets tougher
Faced with the costs of competing in a world of electronic and algorithmic trading, many banks are outsourcing parts of their foreign exchange businesses, a trend that may cement big…
Refinitiv examines changes to key daily FX fixing window
Refinitiv is considering a series of changes to its daily foreign exchange (FX) fixing, including lengthening the trading window used to calculate it, a senior company executive said, amid industry…
Bump in the night: FX flash crashes put regulators on alert
The increasing frequency of flash crashes in the $5.1 trillion-a-day foreign exchange market has regulators scrambling for answers. Sudden, violent and often quickly reversed price moves are now a regular…
Qatar’s currency manipulation probe could curb offshore FX trade, risk Gulf backlash
Qatar's investigation into alleged manipulation of its currency could give it more control over exchange rates but make some international banks more wary of doing business with Doha. The probe…
Confusion reigns as banks scramble to price FX
How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a…
Investors distinguish EM credit from FX risks
The emerging markets currencies sell-off has intensified this week but not every asset class is in a doom-and-gloom scenario. In the emerging bond markets at least, investors are taking a…
FX & Gold-weekly outlook-March 11 – 15: Italy”s downgrade shows Europe still faces grave risks
Two major events of the week were the ECB policy announcement that was followed by Mario Draghi''s press appearance and the US Non-Farm Payroll data. But Italy''s downgrade by Fitch…
