Articles by Alessandro Aimone
London retains top spot for offshore renminbi trading
The capital continues to dominate, despite the Chinese currency's overall share of payments shrinking, Swift says
IMF data shows limited adoption of renminbi as global reserve
Latest Cofer findings reveal renminbi holdings accounted for 1.07% of global FX reserves at end-2016
US Treasury fails to brand China a currency manipulator
In its first report on FX policies since Donald Trump took office, US Treasury issues China with a warning only, despite the president's campaign promise
Sterling braced for more uncertainty as PM triggers election
Analysts look at opinion polls after Theresa May calls for general election on June 8
Westpac: FX market to focus on Trump's ‘policy achievements or lack thereof’
The bank expects EUR/USD to trade at 1.05 in Q3 2017, and at 1.00 by the first half of 2018
CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
China FX reserves inch higher in March
PBoC figures show increase of $3.96 billion, resulting in the second consecutive monthly reading above $3 trillion
Czech National Bank removes koruna cap
After three and a half years, the central bank scraps the floor on EUR/CZK
MahiFX gains FCA authorisation
Watchdog allows MahiFX to offer products and services in the UK
CLS extends payments-netting service to all global currencies
CLSNet, expected to go live in Q2 2018, will comprise 140 currencies
Markets gear up for end of Czech koruna cap
With inflation at its highest level since 2012, the CNB's change of language leads analysts to herald end of EUR/CZK floor
SNB updates exchange rate indices calculation
Swiss central bank introduces a more comprehensive and up-to-date methodology
LSE and Deutsche Börse deal collapses
EU commissioner Margrethe Vestager blocks merger attempt over monopoly concerns
Stater Global Markets announces tactical collaborations
Prime-of-prime brokerage teams up with Integral, FlexTrade, FXecosystem, Abide and more
Debelle sets timeframe for adoption of FX Global Code
Market participants will have six to 12 months to adjust practices once the Code is published on May 25
Sterling strength expected after bottoming out – LCG
GBP/USD expected to trade at $1.25 in three months’ time and at $1.27 by Q1, 2018
Sterling shorts could see sharp unwinding on Brexit day
As the start of the negotiation process between the UK and EU approaches, an already weak sterling faces more tests
Buy side to boost trading desk technology spend – Greenwich
Survey shows a larger share of budgets is being spent on technology while compensation costs shrink
Yuan to stabilise in 2017, according to poll
A poll of more than 500 Chinese FX participants finds 57% expect the yuan to halt its depreciation against the greenback
EC draft rejects single source data model for TCA
Under the proposed RTS for the EU’s Priips, financial firms will not be able to use a single source of data to compile transaction cost analysis
Duhil de Benaze joins JCRA from Nomura
Nomura's former executive director for FX structuring joins the financial risk consultancy firm as director
Spread-betting groups look east amid regulatory crackdown
As regulators toughen up on spread-betting firms, the race is on to replicate the Japanese model
BoE deputy governor resigns
Following a damning report by the Treasury Select Committee, Charlotte Hogg has resigned after four years at the central bank
Hedging strategies unchanged, despite turbulent markets – Citi
Corporate hedging strategies rarely differentiate between developed and emerging markets