Row 1 - Latest/Ad/FXSurvey/Surveys/Ad

Multi-dealer platforms may remain bullish about their prospects, but if other banks follow Citi’s lead and pull away from them, market share may continue to fall.

The FX settlement provider has recognised that risks are higher for currencies outside its scope; finding a solution, particularly one that includes the renminbi, could be tough.

The results of the latest Bank of England foreign exchange turnover survey have again highlighted the vulnerability of sterling in stressed market conditions.

Analysts expect the European recovery fund to underpin a strengthening of the single currency against the dollar over the rest of this year and beyond.

JPMorgan recorded a hat-trick in the liquidity rankings, but it was all change in many other areas of this year’s Euromoney FX poll.

As Iran’s currency crisis deepens, observers fear that far from improving the situation, state intervention will do further damage to a country that was in economic turmoil even before coronavirus.

Lack of confidence in the quality of their information – and their ability to analyze it – means many of the world’s largest companies continue to eschew one of the techniques designed to assess and manage FX risk.

Hedging may look expensive for businesses that have seen their revenues cut heavily by Covid-19 prevention measures, but removing hedges for currencies to which they have limited exposure may prove even more so.

Emerging market currencies look set to continue their bumpy ride over the coming months as the potential for a second wave of coronavirus outbreaks weighs on Asian currency sentiment.

Hedge funds and real money clients looking to shake up their FX trading strategy now have the option of basing their trades on proprietary market analysis from RBC.

US users see weaknesses in transaction cost analysis and order management integration.

FX trading algorithms are getting smarter at dealing with crises – and getting more popular as a result.

The six exchange-rate system is now untenable, with the currency losing more than 50% of its value since October, but analysts say floating the currency will cause more pain without IMF support.

Liquidity data from CLS has revealed unusual trading activity around the 4pm London fix – but it has more to do with corporate inertia than market manipulation.

The FX market has quickly adapted to the changes imposed by global Covid-19 response measures. The challenge for the banks will be to manage the next phase of the lockdown when clients will expect them to do more than just keep the lights on.

The economic fallout from the virus is beginning to impact regional currencies and growth forecasts.

P2P currency matching has had yet another makeover with the introduction of a service focusing on the swaps market rather than spot flow.

Margin pressures on buy-side clients such as asset managers have prompted increased interest in outsourced FX solutions, but firms must know exactly what they are paying for.

In 2016, China’s currency seemed on target for global reserve status. These days, the renminbi appears stuck in reverse, with Beijing looking on passively as its status shrinks and it slides down the global rankings.

Euromoney's latest coverage of how Beijing is seeking to globalize the renminbi, through currency swaps and trade-financing facilities; the rise of the offshore bond market; and how fee-hungry banks are salivating at the prospect of the RMB’s growth.

FX market participants are responding to Singapore’s desire for physical location of matching and pricing engines in the city-state.

Regulatory technology vendors are relishing the prospect of helping banks minimize FX client onboarding errors, but in a world where legacy systems remain commonplace, regtech is not always an easy sell.

Leading exchanges have seen little return from their investment in electronic trading venues and face some tough decisions over how to increase revenues.

The international exchange’s clearing offering for EUR/USD and GBP/USD cross-currency swap transactions marks another modest step towards wider use of central clearing in FX.