Corporate hedging demand drives growth in offshore RMB choices market place

development in RMB options marketplace
A quick expansion in variety and sum of RMB structures traded in 2013 signals how the Chinese currency is going mainstream. But dealers say the genuine check will come when the US commences to increase curiosity prices. Emerging Asian currencies have taken a …
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Prominent Singapore Investor Will take Goldman Sachs to Court In excess of Losses
A main Singaporean investor, named Oei Hong Leong, whose net well worth hovers close to the billion dollar mark, has sued Goldman Sachs Group above two currency options trades that netted losses of $ 34 million for the investor. The complaint refers to trading&nbsp…
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European Session: Orders and Possibilities View
EUR: The single currency eased from fresh five-week substantial of 1.3677 made yesterday but purchase orders are still mentioned at one.3640-50, 1.3625 and also in great dimension at one.3600, promote quit orders are building up beneath one.3580-90, followed by sizeable demand at&nbsp…
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Forex – USD/JPY drops as Tokyo sees currency intervention as choice
Investing.com – The dollar strengthened against the yen on Thursday regardless of Federal Reserve Chair Nominee Janet Yellen&#39s somewhat dovish testimony before Congress, as Japan&#39s Finance Minister said currency interventions stay a needed device to&nbsp…
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