Japanese yen
Yen deal of the year – Walmart
Yen deal of the year – Walmart
FTSE launches index linked to developed market currencies
FTSE launches index linked to developed market currencies
More offshore renminbi currency pairs to go electronic
Icap plans to launch electronic cash trading for offshore renminbi against yen, Hong Kong dollars and euros within weeks to support its renminbi/ US dollar initiative.
Volatility drops as BoJ intervention proves successful
But market may begin testing the Bank of Japan's resolve if more measures are not taken
RBC: Japanese limits on margin trading will weigh on Aussie/yen cross in August
Japanese plans to limit leverage on margin trading to a maximum of 50 times collateral in August could affect Australian dollar/yen cross rates.
Hedge funds hit by risk reversal fears in May and June
Hedges funds have grappled with poor performance during the past two months after global stock market tumbled, with investors parking their money in cash as the Greece sovereign-debt crisis weighted heavily on Asian markets
ETF Securities offers emerging markets and G10 currency exposure
Exchange-traded currencies target retail and institutional investors
FX volatility creates headaches for bond investors
Investors shift allocations to US dollar products as euro sinks.
Now you PRDC them...
Power-reverse dual-currency notes have represented something of a Trojan horse for dealers. The hybrid structures have been popular for more than a decade among a wide range of Japanese investors, from regional banks to pension funds. But now the strain…
Yen weakens as carry trades unwind, yen and equities decorrelate
The unwinding of yen carry trades and the de-correlation of the yen with equity markets, as well as wider economic factors, have all been linked to the yen's decline over the past month.
Carrying on
Hedge Funds
Yen rise triggers PRDC hedging
The yen hit its highest level against the dollar since August 1995 on March 17, spurring banks to hedge exposures to power-reverse dual currency notes (PRDCs) and other similar structured products.
Cash and carry
Foreign exchange