Dollar
US Treasury declines to brand China a currency manipulator
In its second report on FX policies since Donald Trump took office, the US Treasury only criticises China, despite campaign promise
Renminbi payments lag Canadian dollar
China's currency loses fifth place as overall share shrinks again – Swift
Swissquote: dollar has room for correction, but not a comeback
The bank's head of market strategy says markets under-appreciate the Fed's commitment to policy normalisation
Prosecutor alleges ‘bonanza of lies’ in closing argument
Prosecuting attorney says Mark Johnson used his superior knowledge to take advantage of Cairn Energy
Expect dollar rally to fade, BBVA says
The Spanish bank sees EUR/USD trading at $1.18 by year-end and to hit $1.21 by the fourth quarter of 2018
‘Gus thinks we’re buying 6.5bn’ – Johnson trial
Mark Johnson’s trial reveals how HSBC faced significant difficulties with the Cairn order as other banks knew of the deal and tried to benefit from the information
Judge allows Rodgers’ ‘Russian name’ analysis into case
Judge does about-turn and allows Rodgers – whose $1,100 hourly fee riles prosecution – to enter his findings in court
Johnson: ‘It was fair all around’
Embattled former trader says execution of Cairn Energy order produced better than expected outcome
China FX reserves rise for eighth month running as yuan fortifies
PBoC figures show $17bn increase, bringing total stockpile of reserves to 11-month high
Fed fines HSBC $175m for unsafe FX practices
Bank ordered to improve practices
Euro appreciation to slow, says BMO Capital Markets
Canadian bank sees dips in EUR/USD as buying opportunities, given US dollar is in medium-term downtrend
Pre-hedging debate at centre of Johnson trial
For some, pre-hedging is common practice; for others, it is synonymous with front-running – a jury will need to decide
SGX hits records in rupee and renminbi futures
The exchange prints USD/CNH record on September 8 and sees INR/USD futures reach new highs on September 22
Prosecution witness Khot says he had concerns about Cairn order
Dipak Khot asked Johnson and his team to return some money to Cairn after seeing unexpected volatility
Disappointment with Trump continues to harm dollar – CIBC
EUR/USD is expected to trade at $1.20 by year-end and hit $1.23 in Q3 2018
BIS warns of $13 trillion hidden debt hole
Trillions of dollars of FX derivatives are not being accounted for when calculating the level of debt in the global economy
StanChart sees some EM weakness next year
Concerns remain over the political situation in Brazil
PBoC scraps reserve requirements as capital flows ease
Renminbi slides against dollar as Chinese central bank reversed two measures it put in place to fight speculation
Asian corporates bullish on euro and sterling
Research by East & Partners shows a bullish case for EUR/USD and GBP/USD from business across Hong Kong, Singapore, Malaysia and the Philippines
Expensive dollar to remain on the back foot – UBS
Whereas the euro is fundamentally cheap and will remain strong for the foreseeable future
Renminbi’s share of global payments rises slightly in July
China's currency retakes fifth place, but its overall share shrinks again, Swift says
EUR/USD set for correction, but not a reversal – ABN AMRO
The firm expects some near-term profit taking, pushing EUR/USD towards 1.15
Mark Johnson's trial to start on September 25
Jury selection to begin in alleged front-running case; judge postpones original date by a week at status conference hearing
Lacklustre dollar will help EUR/USD climb – CBA
EUR/USD is expected to trade at $1.20 by mid-2018 and hit $1.30 on a longer time horizon