Sterling credit crisis raises FX fears

While there is yet little evidence of a slowdown in euro/sterling or dollar/sterling flows, bankers remain wary that problems plaguing the credit markets could spell a long-term decline in demand for sterling assets, ahead of sterling's expected entry into the eurozone.

"This is just reflective of what is going on in the sterling market as a whole," said Michael Hardman, head of credit sales to UK investors at JP Morgan Chase in London. "Just ask dealers how much they're doing in cable these days

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Spotlight on: Neil Record, Record Currency Management

The founder and chair of Record Currency Management talks to Robert Mackenzie Smith about the growth of the firm over the past three decades, as well as the challenges posed by the financial crisis and his shortlisted entry for the Wolfson Economics Prize

Spotlight on: Collin Crownover, SSgA

State Street Global Advisors’ head of currency management talks to Joel Clark about investor appetite for G-10 and emerging market currencies, and how his global team has managed the volatility and political uncertainty that has characterised the foreign…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: