Bank of Japan (BoJ)
Dealers bruised by surprise renminbi vol surge
Rush to re-hedge USD/CNH exotics left banks in grip of painful short gamma squeeze
Major central banks set out CBDC policy debates
BIS and central banks discuss major policy issues that still need to be solved
Central banks step up dollar liquidity support
But initial auction results show little evidence of pressure on dollar funding
Hedge funds push yen options bets to next BoJ meeting
Target shifts as vol punts on change to rates policy fall flat
BoJ currency intervention spurs FX options traders
Traders turn bearish on USD/JPY FX vol over further central bank intervention
Corporates boost FX hedges as US dollar surges
Banks see more business, but also rising exposures, from corporates’ FX decision-making
HKMA and BoJ launch new securities settlement framework
New “delivery versus payment link” aims to reduce settlement risk
Ulrich Bindseil on the launch of the digital euro
The ECB’s director-general for market infrastructure and payments speaks about the functionality, tiering approaches, privacy policies, ledger technology and ecosystem impact of the eurozone's planned CBDC
Major economies already engaging in ‘currency wars’ – former IMF chief
De Larosière floats new commodity-based exchange rate regime; says “trust” is key to avoiding “beggar-thy-neighbour” policies
ECB and BoJ point to major problem in DLT-based payments
Project Stella report says central source of information could create single point of failure
RBC: yield differentials will favour dollar over others
Despite falling US interest rates, the dollar will remain a high-yielding currency
BoJ members split ranks on monetary easing
Not all members agree on how low 10-year yields should be
Yen volumes of 29 times normal on January 2 open – CLS figures
Soaring volumes coincide with higher volatility in yen crosses in early hours of Asian trading session
Kuroda defends BoJ’s asset purchases
Central bank could face problems when it unloads ETFs, former senior official warns
Dollar to weaken on fundamentals and Fed, says CIBC
Dollar will be under further pressure as other central banks start normalising monetary policy
EU central banks complete FX Code adoption
Seven additional members of ESCB sign statements of commitment to principles on May 14
Dollar starting to look overbought, says TD Securities
As traders finish short covering, there is little to support the market building new longs
BoJ prepares to link settlement system with Hong Kong
The connection will provide a new pathway for Japanese banks to obtain Hong Kong dollars and cut the exchange-rate cost
Barclays commits to FX Global Code
The UK bank joins the handful of top-tier FX banks to have adhered to the principles
No flight to quality for dollar – TD Securities
With US macro and political worries on the front foot, the yen is likely to serve as the risk proxy
EM strength to continue for now, says Swissquote
The region will continue to improve over the next six months, says Peter Rosenstreich at Swissquote