Euro
Johnson’s lawyer brands trial a ‘governmental mistake’
On the tense first day of Mark Johnson’s trial, the prosecution claims he saw dollar signs
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
London Stock Exchange Group boosts LCH stake
LCH’s activity has ballooned over the past 12 months, with its ForexClear platform clearing more than a trillion dollars’ worth of non-deliverable forward trades in August
LCH SwapAgent completes first trades
Citi and Deutsche Bank executed the first trades, a Swiss franc-denominated interest rate swap and euro-denominated inflation swap
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
SNB: from floor to ceiling
Swiss National Bank may ‘begin to act as a ceiling on the exchange rate’, says HSBC
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
ECB minutes reveal concerns over euro strength
Single currency has risen almost 6% over last three months, touching $1.1906 - highest since January 2015
In the long run, it's euro over dollars, says UBS
The dollar could see some short-term rebound, but over a longer time horizon the single currency has the better prospects
Swissie’s fate now depends on ECB, strategists say
Sudden directional turn in EUR/CHF is a welcome relief for the SNB, even though the move to 1.15 is thanks to the ECB
Euro bull run is far from over – Danske Bank
EUR/USD expected to trade at $1.22 by H1 2018
London FX trading at three-year high, despite Brexit
Turnover hits daily average of $2.44trn in April, 12% higher than in October 2016 and up 10% on a year ago – Bank of England
CME moves to build liquidity in new FX futures contracts
The firm is switching on implied functionality to link spreads and outright markets
ECB: bulk of euro trading will stay in London after Brexit
In its annual review of the single currency, the central bank says any shift from the UK to the EU will be gradual
Sterling to stay under pressure – CIBC
GBP/USD expected to trade at 1.27 in Q3 and 1.32 by 1H 2018
Renminbi's share of payments rises slightly in May
China’s currency regains position as sixth most used currency for global payments in May, with 1.61% share – Swift data
‘Cartel’ three surrender as lawyers question efficacy of DoJ case
US DoJ presses on with Obama-era promises to prioritise prosecution of individuals and stop corporate wrongdoing
Renminbi’s share of global payments slips behind Swiss franc
Decline in the Chinese currency’s internationalisation continues as it loses its ranking of sixth place globally – Swift
Range-bound market is sticking around – SEB
But a big downward move is probably coming for the dollar
Euro could make a charge at $1.13 in the summer – IGM
But only if ECB president Mario Draghi turns hawkish and details of QE exit are revealed