Since the financial crisis, a persistent breakdown of covered interest parity signalled an anomaly in the market. Over the last two years the phenomenon has accentuated and policy-makers should not dismiss its meaning, warns the BIS
Central banks of China and Russia disclose "several currency swap trades" since October, but no details
ECB warns it may delay a day if trading linked to its rate doesn't decline
Fraught testimony in front of MPs at Treasury Select Committee
Bank of England governor Mark Carney warns of tough choices ahead for Scotland if it goes ahead with independence but looks to keep the pound
Policy-makers have incentive to accelerate deposit guarantee plans, says Sylvie Matherat of the Banque de France
A failure of bank governance is behind the recent Libor rate-fixing scandal – and these kinds of failings could pose systemic risks, says José Viñals
The Bank for International Settlements should provide guidance on best practice for central bank risk management, says the Bank of England’s Paul Fisher
Foreign exchange strategists and traders have judged this week's Japanese intervention a success in weakening the yen, and believe USD/JPY should remain higher as long as the eurozone crisis doesn’t spiral out of control and spark a flight back to the...
German economist and former director-general Klaus Regling to head European Financial Stability Facility set up to bail out troubled eurozone states
FRANKFURT – If Greek debt is downgraded again, much will depend on whether the ECB decides to keep accepting it as collateral.
NEW YORK & HONG KONG - The greenback is likely to be the main loser as sovereign wealth funds (SWFs) diversify into yen and other non-euro currencies, say analysts.
Pete Luxton, global markets adviser, and Shant Movsesian, FX options manager, at Informa Global Markets in London, seek ways to benefit from the flagging US dollar
MONTREAL – The International Monetary Fund (IMF) announced an overhaul of its exchange rate policy surveillance framework last Monday (June 18), for the first time in 30 years. The changes oblige member countries to avoid exchange rate policies that...
FRANFURT – Buying by some of Eastern Europe’s and Africa’s central banks is buoying the euro as the central bankers come to the realisation the currency is here to stay, according to a leading forex fund manager.
SINGAPORE -- An Asian initiative to cut the impact of speculative currency trading attacks in the region is nearing completion.