Interest rates
Statisticians grapple with inflation impact of Covid-19
Collecting reliable inflation figures during lockdown is not straightforward
FX vol revived by Covid-19 – but for how long?
Traders split on whether virus impact or central bank responses will prove most powerful
Bank of Thailand grapples with baht appreciation
Central bank relaxes FX regulations and cuts rates as baht hits six-year high
CBDC talk has been “overhyped” – former RBI deputy
Focus on retail CBDCs is potential distraction from core central banking functions, says Sinha
Volatility becalmed, trade in FX options plummets
With central banks in tandem on policy, market churn lessens considerably
Chile launches biggest FX intervention in 20 years
Chilean peso has fallen by 14% against dollar since mid-October amid massive street protests
Best Bank Awards: UBS
UBS is voted the Best bank for the Swiss franc at the 2019 FX Week Best Bank Awards
Monex Europe: watch for further cracks in the dollar
US is slowing with the rest of the world, as trade uncertainty and external conditions begin to bite
Fed can now keep rates on hold, senior official says
Recent cuts have provided greater assurance Fed will hit inflation target, Charles Evans says
Citi reshuffles FX management
Move intends to foster greater alignment of trading across the bank’s major product lines
Argentina reimposes currency controls as peso plummets
Authorities aim to stem depreciation of peso, which has fallen 23.9% against dollar since August 11
Monex: Fed can’t curb dollar strength
Only improvement in global growth will end the strong dollar dynamic
Argentine governor rules out holding peso at unsustainable level
Guido Sandleris reaffirms commitment to tight monetary policy to tame inflation
Asia awaits term SOFR solution for local benchmarks
Singapore, Thailand and the Philippines look at ways to replace Libor in benchmark calculations
Turkey increases reserve requirements on FX deposits
Authorities aim to discourage citizens from transferring assets into other currencies, weakening the lira
City Index: yuan to hit seven within a month
China’s yuan has not seen such levels for more than a decade, but trade war with US induces flirtation
Fed cuts rates and halts balance sheet reduction
Decision sees hawkish dissents from Kansas and Boston Fed presidents Esther George and Eric Rosengren
Markets diverge on how far Fed will go
“There may be volatility in the markets later this week,” Fed-watcher says
FX trading in London hits record high
UK capital cements position as largest FX hub; New York sees significant fall in daily turnover
Hibor may drop, but rates volatility will stay
Open interest of Hibor futures on HKEX on rise as market reacts to HKD rates’ higher volatility
Quinif touches down at HSBC
Brian Quinif left Nomura as it downsized emerging markets FX team
Zimbabwe’s ‘mono-currency’ move triggers sharp rate hike
Central bank hikes overnight rate by 35 percentage points as local currency becomes sole legal tender
Simon Potter exits New York Fed
Ray Testa will step in to lead the markets group while a successor is found
Strong dollar weighing on trade, says BIS
Advanced-economy monetary policy may have made the problem worse