Central banks
Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Current account balances are key in EM, says Westpac
As risk sentiment sours due to the ongoing trade wars between the US and China, current account deficits will weigh on some EM units
Central bankers continue to struggle with crypto
Uncertainty around the assets’ use and regulation calls for further research, debate finds
Structural factors to weaken dollar – Scotiabank
Canadian bank says the outlook for the US currency is generally negative
Algo supervision is paramount, says Rahmouni-Rousseau
Banque de France’s director of markets notes the rise of algorithm usage carries a high level of responsibility
SNB governor on lifting the currency floor
Thomas Jordan speaks about currency intervention, negative rates and FX reserves
New Chinese FX crackdown to hit corporate hedging
Despite new reserve requirement, dealers say ‘maturity’ in risk management is here to stay
BoJ yield cap a risky move, says Saxo Bank
Bank of Japan shift drives biggest bond-yield jump in two years
Renminbi payments hold steady in June – Swift
China’s currency keeps its fifth most-used currency spot for global payments, according to Swift
No sign of a currency war, says Danske
US President Trump may wish for a weaker dollar, but the Fed will not bow to pressure and slow its tightening path
CIBC remains bearish on dollar for medium term
Canadian bank’s currency strategist reckons the issue of twin deficits will thwart the greenback’s march
Banque de France selects Quod Financial
French central bank chooses Quod for FX aggregation needs
New York Fed commits to FX Global Code
It promises to conduct its currency business in a manner consistent with the set of principles
ECB and RBA warn on Global Code adherence
Representatives from the central banks tell delegates at two FX Week events the transition period is almost over
EU central banks complete FX Code adoption
Seven additional members of ESCB sign statements of commitment to principles on May 14
BIS commits to FX Global Code
The institution says it is committed to conducting its FX market activities in a manner that adheres with the 55 principles
Dollar rebound on cards, but no respite long term – ABN Amro
The greenback's prospects remain negative in the long run, but sterling may have a positive 2019
More than 100 participants commit to FX Global Code
Global Foreign Exchange Committee plans to launch Global Index of Registers before June meeting
Renminbi’s share of global payments slides in February
It falls two places to become the seventh most-used currency for global payments, according to Swift
Salmon exits GFXC and BoE for private-sector opportunity
Federal Reserve Bank of New York’s Simon Potter will act as interim chair with immediate effect
BIS warns of virtual currency risks
CBDCs could have an impact on global financial stability, and large demand could force central banks into risky assets, new report says
Mark Carney: crypto is not the future of money
The Bank of England governor says cryptocurrencies are unreliable and provide poor short-term value
EM strength to continue for now, says Swissquote
The region will continue to improve over the next six months, says Peter Rosenstreich at Swissquote
Russell Investments calls on peers to commit to FX Code
Chief investment officer for currency says FX Global Code of Conduct embodies good fiduciary standards