Trading
China FX emergence continues
BEIJING -- The liberalisation and development of China’s FX market is continuing, presenting banks with a potentially lucrative new market.
European currencies win out as Japan and US woes bite
LONDON -- European currencies were the winners last week as fears over economic and political issues intensified pressure on the dollar and the yen.
European currencies win out as Japan and US woes bite
LONDON -- European currencies were the winners last week as fears over economic and political issues intensified pressure on the dollar and the yen.
The lira: built to last
Despite political and economic upheaval, the Turkish lira has remained strong, says Matt Vogel, head of strategy for EMEA at Barclays Capital in London
Options business booming
Growing client sophistication prompts banks to expand in derivatives
ABN Amro scores CLS coup
AMSTERDAM -- ABN Amro Bank announced three clients for its third-party Continuous Linked Settlement (CLS) service last week, scoring a coup in the highly competitive market.
Aussie seeks momentum
The Aussie remained trapped within September’s tight trading range during the first week of October, says Adam Myers, quantitative FX strategist at Westpac Bank in London.