Opinion
Finding your currency bearings in 2011
Mitul Kotecha, head of global foreign exchange research at Crédit Agricole CIB, summarises the themes that have been driving the FX markets in the first two months of 2011
Audio: Dollar to win G-3 ugly contest
Nick Beecroft, senior markets consultant at Saxo Bank, predicts the US dollar will stage a comeback in 2011.
No market left untouched by regulatory clampdown
Few participants in the FX market seem to dispute the evolution of new regulations will be one of the biggest themes of 2011, but attention has tended to focus predominantly on Washington, DC and Brussels over the past year.
A year of change and opportunity
The regulations on foreign exchange markets have yet to be fully clarified, but indications are already emerging as to who the winners and losers might be.
Back to the future
Lutz Karpowitz, currency strategist at Commerzbank in Frankfurt, asks whether Hu Jintao is right in saying the current global currency system is a product of the past
Thomson Reuters’s time in the spotlight?
The old rivalry between EBS Spot and Thomson Reuters might be getting a new lease of life, as Thomson Reuters positions the Thomson Reuters Dealing system as a Sef and MTF-compliant platform for bespoke product trading. And now the Matching Host…
China key to euro fortunes
Simon Derrick, global head of FX strategy at Bank of New York Mellon in London says China’s fortunes are tightly entwined with those of the euro
Subterranean euro-sick blues
The sovereign debt crisis is not going away, and will drive much of the action in the first quarter at least, writes Marc Chandler, global head of currency strategy at Brown Brothers Harriman in New York
What's ahead for 2011
Industry heavyweights tell us what’s in store for this year
Triumph in the midst of adversity
The past 12 months have been perhaps some of the most challenging for the foreign exchange market as it pushes to ensure it remains independently governed as an industry with its specific risks, while continuing on the growth trajectory aided through new…
Sterling: A story of two halves
After a turbulent 2010, sterling will be bolstered by economic outperformance in the first half of next year, but its fortunes might be reversed in the second half, writes Michael Hart, director of FX strategy at Roubini Global Economics in London
The curious case of Pure FX
There’s been a lot in the press in the past week about a consortium of banks looking to launch a bank-only platform to rival EBS Spot, having become disgruntled by the influence lost to high-frequency traders.
The currencies to watch in Asia
Mitul Kotecha, head of global foreign exchange strategy at Crédit Agricole Corporate and Investment Bank in Hong Kong, looks at why the Asian currencies have fared so well in 2010 and whether their luck will continue next year
Are exchanges admitting defeat on the forex clearing debate?
Are exchanges expecting forex swaps and forwards to be exempt from mandated central clearing rules in the US? There was only a seemingly brief attempt at putting forward the case for inclusion last week.
Trichet matters: The impact of ECB moves
Analysts at BNP Paribas review the impact of the ECB's efforts to support bond markets
China: Monetary tightening to increase
Dariusz Kowalczyk, senior economist, Asia ex-Japan, at Crédit Agricole believes the People’s Bank of China is only at the beginning of a scramble to control prices
The euro: Thinking the unthinkable (again)
Simon Derrick, chief FX strategist at the Bank of New York Mellon, revisits the idea of opting out of the euro
Wells Fargo puts faith in commodity currency growth
Wells Fargo topped this week's three-month forecast rankings with expectations for moderate US dollar weakness against a backdrop of increased instability in Europe, the UK and Japan.
A call for closure
Indications of the multiplicity of challenges that central clearing will introduce to the forex markets came thick and fast at the FX Week Europe congress in London last Tuesday (November 16).
Signs of dollar weakness
Divyang Shah, strategist at Thomson Reuters IFR Markets, winner of the FX Week Best Bank award for FX strategy and research, shares his views on broad-based dollar weakness
Cash management – a big puddle of cost
If a global financial services firm is leaking cash, you need to get your plumbing fixed. Olaf Ransome, 3cadvisory and Nick Downes, Logica, explain what needs to be done, and why senior management needn’t fear the changes
Regulation: The great unknown
The biggest risk going into the New Year is the impact of regulations on the forex industry.
China inflation suggests more rate hikes likely
Brian Jackson, senior strategist at RBC Capital Markets in Hong Kong, looks at China's policy reaction to worsening inflation
CCP costs keep creeping up
While US regulators consult the industry over the exemption of foreign exchange products, the systemic risks and increasing costs of using central counterparty (CCP) clearers continue to be highlighted.