Category: Forex

Natixis’ Alicia García Herrero examines the renminbi’s succession to the IMF reserve currency with Euromoney

From October, the Chinese renminbi (RMB) is included in the special drawing rights (SDR) – the basket of currencies used by the International Monetary Fund (IMF) as a reserve currency – an acknowledgement of China’s remarkable growth in recent years. As the first emerging market currency added to the SDR basket, the longer-term structural implications …

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BNY Mellon talks dollar demand in Global Banking & Finance Review

The summer of 2014 saw a real shift in the USD environment, with the catalyst for a sharp appreciation in the currency coming from USD from the European Central Bank’s (ECB) decision to introduce a negative deposit rate for the euro (EUR). Within days of its implementation, a rally began that subsequently saw the USD …

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Deutsche Bank’s Dieter Stynen in Global Banking and Finance Review: The Impact of fixed FX rates on Treasury Operations

Dieter Stynen, Global Transaction Banking FX, Deutsche Bank, has written an article in Global Banking and Finance Review where he examines how fixed FX rates are clouding transparency throughout the payment process, and offers strategies to mitigate FX risk – allowing treasurers to regain control of corporate operations. A key priority for corporate treasurers is …

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Deutsche Bank’s Dieter Stynen discusses achieving clarity around FX transactions in Cash and Trade

In a recent article in Cash and Trade, Dieter Stynen – Global Transaction Banking FX at Deutsche Bank – writes about how corporates can minimise FX costs. The article explains how treasury departments contribute to goals of revenue maximisation and how one particular area – FX payments – remains an issue for them. Gulf treasurers …

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In Natixis’ latest FX-MM blog, Nordine Naam examines last week’s Brexit-fuelled forex market movements

In his weekly blog for FX-MM, Nordine Naam, Natixis’ senior forex analyst, discusses the forex market’s movements last week – with Brexit risk dominating the discussion as opinion polls swing back and forth in the final days before the UK’s referendum on EU membership. Certainly, Brexit risk has instilled market uncertainty in the run up to …

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Brexit risks and the energy transition are hot topics at the S&P Global Ratings Annual Infrastructure Finance Seminar

The S&P Global Ratings Annual Infrastructure Finance Seminar kicked off last week at Haberdasher’s Hall in the City of London. Journalists, investors, bankers, analysts and politicians alike gathered to engage in two of the most important discussions affecting the UK infrastructure sector today: the ongoing energy transition – from carbon intensive processes such as coal-burning, to …

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In the latest edition of TFR, Commerzbank’s Ruediger Geis discusses the role of bank financing in Germany’s Mittelstand

Cited in leading publication, Trade & Forfaiting Review, Ruediger Geis, head of product management for trade at Commerzbank, contributes his expertise to an extended feature on the financing of the German SME sector, otherwise known as the Mittlestand. In a comprehensive overview of the key institutions responsible for smoothing the flow of finance to the sector, …

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Post- Brexit, could the UK infrastructure market weather the storm? S&P Global asks investors

With just days to go until the UK decides on whether or not to remain in the EU, Michael Wilkins, managing director of infrastructure finance at S&P Global Ratings, writes for leading infrastructure publication, InfraNews, about the likely impact of a ‘Brexit’ on infrastructure investment in the UK. Based on the results of a recent …

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TMI executive interview: Deutsche Bank’s Dieter Stynen on cross-currency payments and collections

In an executive interview with Treasury Management International, Dieter Stynen, Global Transaction Banking FX at Deutsche Bank discusses some of the challenges and opportunities for cross-currency payments and collections. In terms of challenges, Stynen explained that when converting currencies there is often no visibility over the FX rate that is applied, making it difficult to …

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Natixis’ 2016 outlook on the forex market published in FX-MM

In Nordine Naam’s weekly forex blog for FX-MM, Natixis’ senior forex analyst discusses the reasons behind 2016’s chaotic start. Indeed, the combination of a fall in the Chinese yuan, alongside the further correction of commodity prices, emerging currencies and leading equity indices, meant that high volatility took hold of the financial markets  – which in turn meant that the US dollar …

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