Global
HSBC warns of destabilising moves in 2015
FX markets are underestimating the risks of destabilising currency movements next year
Citi suspends more FX staff
Suspensions follow a hefty round of fines in relation to the FX benchmark probe
Exchange trading on the march in EMFX
Emerging market currencies to get the best of the over-the-counter and exchange-traded worlds
Electronic trading grows tenfold in some EM currencies
Delegates at the FX Week Asia conference in Singapore heard about the challenges and opportunities Asian electronic trading offers
Bank of Russia sells $1.4 billion to prop up ruble
Central bank intervenes in foreign exchange market to support currency as it continues to slide against the US dollar; commentators split over prospect of rate hike
Unchanged Fed boosts EM party
Currency analysts question whether the recent strengthening of the US dollar will yield a similar reaction as that seen in 2013
RBI's Rajan says the euro is too strong - Central Banking
Rajan says the eurozone is suffering from the same problems as EM countries due to spillover effects
Regional banks capitalise on local edge
Emerging market currencies benefit from readily available technology and expertise
Corporates get ready to hedge renminbi risk
Uptick in renminbi volatility brings more corporates to hedging market
Fear of EM volatility irrational and dangerous, says Ashmore
EM returns have outstripped those of major holding currencies in a directionless market; economic fundamentals also support gains
FX Week Europe: Eurozone break-up ‘inevitable’, says ECU currency chief
Short-term policies have delayed the break-up of the eurozone, but a disorderly exit of debt-laden countries is inevitable, says chief investment officer Michael Petley
EM sell-off will have lasting implications for currencies, says Natixis
Careful analysis of current accounts and export prices indicates Germany and Italy could benefit from the recent depreciation of emerging market currencies, but the US and the UK stand to lose out. By Patrick Artus
State Bank of Vietnam taps Thomson Reuters for FX monitoring system
Vietnam's central bank takes a step forward in increasing transparency and reporting in its foreign exchange market
Traders welcome latest UK-China deal on RMB
The extension of the RQFII scheme to UK investors will further grow London's position as an international hub for offshore renminbi business, say traders
Progress of RMB internationalisation ‘spectacular’, says SFC official
Speaking at the FX Week Asia conference, deputy chief executive of Hong Kong regulator highlights the importance of continuing to internationalise China's currency
Host Capital taps Citi index for retail-focussed currency fund
New UK-regulated fund will invest in Citi's Carry & Value index to provide exposure to G-10 and emerging market currencies
EM stress prompts investors to turn to options
As the crisis in Syria continues, the Turkish lira this week became the latest victim of the emerging market sell-off, leading to an increased interest in options
Russia's ruble expected to become major currency by 2015
Market participants are bullish about the ability of the ruble to quickly penetrate the group of top global currencies, but settlement issues remain the biggest obstacle
Corporates remain lukewarm on offshore RMB, despite reported growth
Data released from Swift this week suggests international trade settlement in RMB continues to grow, but corporates aren't so sure
Footprint in Africa leads to diverse liquidity, says Standard Bank's Richard de Roos
Richard de Roos, head of FX at Standard Bank, talks about the South African bank's new single-dealer platform and the challenges of predicting currency trends in sub-Saharan Africa
EBS and Moscow Exchange unveil plans for dollar-ruble fix
EBS says venture comes in response to market concerns about methodology of existing rate
Return of currency trends a boon for macro managers, says Insight Investment
The strong currency trends in 2013 have been good news for the asset manager, which uses strategies aiming to generate alpha from currency positions
Euro bearishness reawakened post-Cyprus
Long euro positions have been unwound following the bailout of Cyprus and many participants now foresee further trouble ahead for the eurozone
Russia remains slow to adopt real-time settlement
Participants believe the development of Russian ruble trading could be in deadlock as a result of the slow adoption of real-time gross settlement by Russian banks