Trading
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
FCA warns on currency converter tools
UK watchdog follows up on investigation into payment institutions and their use of interbank rate in online tools
CME moves to build liquidity in new FX futures contracts
The firm is switching on implied functionality to link spreads and outright markets
Brexit economics keep Morgan Stanley bullish on cable
Strategists encouraged by Prime Minister May’s bridge-building with corporate Britain, among other things
EM/USD has upside over medium term – Wells Fargo
Most EM currencies will have moderate appreciation against US dollar, but BRL or MXN could be more affected at margin
India’s public-sector corporations adopt Bloomberg FXGO
Firms include Gas Authority of India, Rural Electrification Corporation and ONGC Videsh
Managers selective on EM in event of Fed policy mistake
Instead of investing in the whole complex, managers prefer emerging economies with a strong balance sheet
Dollar downturn will push investors abroad, panel says
International markets back in vogue as dollar enters bearish cycle and overseas peers raise rates
CLS and Traiana expand aggregation to non-CLS currencies
The service now includes offshore Chinese renminbi, Russian ruble, Turkish lira and Polish zloty
The sun keeps shining on the euro – NAB
The single currency is benefiting from a spell of newfound optimism, says the Australian bank
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
Nex Optimisation launches automated credit-rebalancing tool
Rebalancer, developed in partnership with Citi, enables dynamic allocation of credit across ECNs
CFTC to boost resources to study HFT impact
Acting CFTC chief hopes to get better analytics to discover the effects of high-frequency trading on the market
Esma warns it may intervene to regulate CFDs and retail products
Two years since Esma set up a task force to supervise risky products such as CFDs, rolling spot FX and binary options
Sterling to stay under pressure – CIBC
GBP/USD expected to trade at 1.27 in Q3 and 1.32 by 1H 2018
Platform operators step up surveillance after FX Global Code
FX Week-hosted webinar focusing on surveillance finds the Code’s message is filtering through
BoE warns of potential disruption to clearing business for EU firms
Fragmentation of market-based finance could result in greater costs and risk for European Union and UK companies
TriReduce hits $1 quadrillion in swaps compressions
Demand has been high as banks seek to lower exposures