October’s Euromoney magazine carries an article by Chris Wright surveying the liberalization of the renminbi market. It should be read in its entirety. Subscribers will get their hard copy soon, or they can read it online here. Here’s a précis for those of you who are truly time-pressed.

We try to pretend that other magazines don’t exist. So it was a pleasure to have our illusions shattered at the Waldorf at The Banker’s awards last Thursday evening.

Knight Capital announced the appointment of David Sellers as managing director, head of sales for Hotspot FX in Europe.

Another glittering career draws to a close. Word has reached theweeklyFiX that Nigel Coupland, head of FX and wholesale funding at Lloyds, will shortly retire.

Tradency, the FX technology firm, has teamed up with Japanese brokers FXTF to roll out a new trading tool: a mirror-trading platform that allows traders to copy and apply strategies that have been developed by other FX traders.

Cast your mind back to April and you might remember we mused over a social networking and introduction broker site for retail participants called Currensee.

In keeping with the September trend (September volumes on the up), Thomson Reuters and CLS have announced an improvement in volumes this month.

Citi has strengthened its CitiFX G10 strategy team with two new hires, Valentin Marinov in London and Greg Anderson in New York.

Jerome Kemp has joined Citi as global head of exchange traded derivatives sales and clearing. This is a new role that Citi has created as more products move to centralized clearing.

Nezha Niyassi has joined BNP Paribas on a newly created team. The FX flow sales team is to promote the bank’s e-commerce offering by focusing on growing transactional volumes on all ECNs and cooperating with BNP’s trading teams to maximize profitability of e-flows.

November’s Seoul G20 has been on the radar for ages but the market has only recently got seriously fixated by this weekend’s Washington IMF meeting.

Energy and commodities focus persists; Growing frustration on Latin side

The Chinese are turning their attention to bailing out the Euro Zone with profound consequences for the EUR and for interest rates: the “Beijing Committee to Harmonise Euro Interest Rates”.

Currency-market intervention cannot boost Japan’s exports in the short term. Nor does it tackle the country’s deeper economic malaise.

Barclays Capital has appointed Jeff Young as a managing director and head of North America FX research.

September volumes are on the up so far, which is expected after a slow summer.

I’ve heard more than a couple of whispers that the bank that had last Thursday’s EUR/GBP order for the Single farm payment (Single farm payments – A €/£ harvest at the end of September) dropped £5.5 million on it. They can afford it – still, it’s never fun to drop that sort of amount, no matter how big you are.

Goldman marked itself as a bull on EUR/USD in its Global viewpoint publication on Wednesday. The bank is now predicting 1.5500 in the next year. Of course Goldman’s appalling call targeting 1.1500 in early June, when the spot was at its lows, got everyone’s contrarian indicator bells ringing. Everyone is entitled to the occasional erroneous prediction – even our favourite investment bank – but the rally does feel relentless: USD/CHF is at an all time low; USD/JPY is at a 15-year low; and now, to the detriment of my pee-in-the-wind FX account, EUR/USD has sailed imperiously through the 61.8% retracement of the move down from 1.5144.

For a nation known to take its time to do anything progressive on foreign exchange, China has been in a mighty hurry: liberalization measures have created a new offshore deliverable FX market, prompted a new bond market and transformed trade settlement. Chris Wright reports.

The Association for Financial Markets in Europe (AFME) has named James Kemp as the first managing director of its recently formed global FX division.

State Street has appointed Sam Cole as executive vice-president and deputy head of State Street’s ‘e-Exchange’ business, which provides trading solutions for FX, swaps and exchange-traded derivatives.

Nomura has appointed Bob 'the bear' Janjuah and Kevin Gaynor as co-heads of cross asset allocation strategy, and Geoff Kendrick as G10 FX strategist to the fixed income research EMEA team in London.