Central Banks
China’s FX reserves sink to lowest in four years
Reserves fall by $27.93 billion to $3.192 trillion in May
First foreign-issued RMB bond lists on LSE
The RMB 3 billion three-year bond was announced on May 25
Renminbi's global share of payments drops
The Chinese currency fell to sixth place last month, overtaken by the Canadian dollar
Fed refrains from intervening in Q1, but valuations push reserves up
Despite the Fed not intervening, US FX reserves rose on the back a weakening US dollar
Global code adoption expected by summer's end
While participants are excited about the conduct guidance, they say firms' internal behaviour is what will ultimately create change
UK tops Singapore as second-largest renminbi-clearing centre
Forty per cent of all payments between the UK and China are now made using the Chinese currency, Swift data shows
Brexit could spur action from the Swiss National Bank
The euro could suffer in the event of Brexit and spark action from the SNB – Swissquote's head of market strategy
Policy divergence is biggest macro risk – reserve managers
Survey of central banks shows monetary policy, negative rates and China are top concerns
Quants: carry and value will work for next six months
Less volatile market conditions look favourable for these strategies
Top central banker defends Indonesia’s hedging requirement
Bank Indonesia’s senior deputy says the country’s $168bn foreign debt burden is safer than it looks
Sterling to head lower as Brexit looms
With three months to go, volatility in sterling is set to rise as uncertainty remains pivotal, says CIBC head of G10 FX strategy
Renminbi's global share of payments drops
But the Chinese currency is being increasingly adopted to settle transactions with China and Hong Kong
Currency wars set to reignite – Gain
Gain Capital-owned strategist expects to see FX wars return
Betting against central banks still a very dangerous game
"Dollar appreciation has been stopped in its tracks as markets reassess Fed policy," panellists argue at FX Week Australia
China may introduce Tobin tax on FX transactions
A levy on currency trading could be put in place to fight speculation
First phase of global code set for release on May 25
Debelle outlines the progress on a code of conduct at FX Week Australia
ECB unveils fresh stimulus measures
European Central Bank cuts rates to new low and expands QE scheme
PBoC confirms Russian swap transactions
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
RBA adds the Korean won to reserve portfolio
Australian central bank continues to unload euro holdings while introducing seventh reserve currency
Renminbi overtakes ringgit for Malaysian payments to China
The US dollar still accounts for the overwhelming majority of payments from Malaysia to the red dragon
Negative rates held for too long could lead to a bank run
Panellists say negative rates could have detrimental effects on the banking sector
Rabobank wins with a close cable call
Jane Foley, senior currency strategist at Rabobank, sees political uncertainty over Brexit as the catalyst for more sterling volatility