Recent US dollar strengthening in response to the escalating conflict in Iran has done little to temper many investors’ long-term bearish views on the greenback, with some buying into trades ...

LCH’s ForexClear reported its highest stress losses since 2019 in the final quarter of 2025, while the share of initial margin posted by its five largest clearing members rose by 9 percentage points.

In foreign exchange, AllianceBernstein has seen room to go further. Within the past year, the firm’s multi-asset trading team has deployed an FX algo wheel that automatically selects the optimal ...

Surging oil prices, rising vol and dollar flight triggered stop-outs of emerging market positions, say dealers ...

Stark differences emerge between onshore and offshore pricing during macroeconomic news events, finds LMAX Group’s head of ...

Morgan Stanley has cut four London-based foreign exchange salespeople and traders, who were covering real money clients, according to two sources with knowledge of the departures. The Wall Street ...

Citi was the top US dealer for foreign exchange trading revenues in 2025 on the back of increased client hedging demand, according to regulatory filings. The bank generated revenues of $7.9 billion ...

Central bankers in Asia have intervened or are closely monitoring market developments stemming from the outbreak of conflict in the Middle East. The US and Israel on February 28 launched a ...

Every three years, the Bank for International Settlements (BIS) publishes its Triennial Central Bank Survey, the most comprehensive snapshot of global FX and over-the-counter derivatives markets. The ...

The BIS Triennial Survey headline for April 2025 is something that has been widely publicised and talked about: global over-the counter FX turnover reached roughly $9.6 trillion per day. This headline ...

Pension funds and insurers are increasingly shifting from passive currency hedging overlays to more dynamic hedging after traditional inverse correlations broke down during volatility caused by US ...

Gerardo García, chair of the Global Foreign Exchange Committee and general director of central banking operations at the Bank of Mexico, sits down with sister publication Central Banking to discuss ...