Down about 9% against the dollar since April but trading between Rmb6.80 and Rmb6.90 over the past two months, what next for the renminbi? We asked six experts for their views.
Tag : fx
The lira has plummeted and concerns have grown over Turkey's external financing needs. We asked four experts which other emerging markets could be dragged down with it.
After a steady decline last year, the US dollar continued weakening during January and February. We asked three experts whether this will continue, and what it means for investors.
The dollar downtrend is boosting portfolio returns and encouraging some wealthy investors not to hedge their currency risks, experts say, but it's a gutsy move.
London-based LMAX, a currency-flow aggregator now expanding into Hong Kong, is seen as suitable for broker-dealers and smaller asset managers.
Agency broker ITG has been rolling out its FX transaction cost analysis product for Asia, developed with Eastspring as its primary beta client.
A win for Barack Obama will lead the US dollar to appreciate, says BoA Merrill, while noting the impact of US fiscal tightening on global GDP growth.
Global managers are outsourcing FX risk from their growing Asian investments, leading RBC Dexia to set up a dealing desk in Hong Kong.
Trading algorithms are already widely used for equities in Asia, but foreign exchange algos are now gaining some traction.
The level of RMB deposits in the city is rising at 15% a month, notes Standard Chartered, but while daily volume for non-trade FX of RMB is growing fast, the market is still small and inefficient, say traders.
KH Kang joined BNY Mellon earlier this month from Woori Securities to replace TB Song.
The regulator has resolved compliance breaches with the leveraged FX trading firm, following complaints dating back to 2000.