Opinion
Homeward bound
Japan has passed the Japanese Homeland Investment Act to encourage investment repatriation. Tohru Sasaki, G-10 foreign exchange strategist at JP Morgan in Tokyo, asks, What impact will this have on the yen?
Lock, stock and all barrells
Pete Luxton, economic adviser at Informa Global Markets in London, looks at the effects of central bank quantitative easing worldwide in trade-weighted terms
Grace under pressure
Margaret Kempner examines common strategies throughout the crisis
Climate unsettled
David Clark , chairman of the Wholesale Market Brokers Association, demystifies the OTC versus exchange settlement debate
Gearing up for an Asian rally
Thomas Harr , senior FX strategist at Standard Chartered in Singapore, says the South Korean won, Philippine peso, Indian rupee and Indonesian rupiah will kick-start a second-half rally in Asia
Gold, oil and clarity on the dollar
Mansoor Mohi-uddin , head of foreign exchange strategy at UBS in Zurich, looks at the unusual joint rally by gold and the US dollar alongside the slump in oil prices, and predicts what this means for the dollar in 2009
Sterling's slide is far from over
Phyllis Papadavid, foreign exchange strategist at Société Générale Corporate and Investment Banking in London, says the sterling slide has further room to run in the near to medium term
Widening credit spreads: a strategic advantage
While spread-widening is proving advantageous for many, it could be to the detriment of any plans for a central counterparty clearing system for FX, says New York-based independent consultant Pat Lefler
What a difference a year makes
The foreign exchange business was a clear outlier in what has been a historic year for global financial markets. But no single entity experienced as significant a reversal of fortunes as a result of the market turbulence this year as settlement system…
Dear Editor
Regarding FX Week 's magazine and website article ‘CLS on shaky ground with third-party providers', which was published on December 1, the article cites a factually incorrect rumour: "JP Morgan has requested some third-party clients to seek out…
Future bright for CE-3
With the Slovak koruna joining the eurozone in January, the Hungarian forint and the Polish zloty are next in line for a convergence rally in 2009, says David Hauner, currency strategist at Bank of America in London
The return of PPP
The rapid fall of currencies against the US dollar is restoring balance to the currency markets, as stability in purchasing power parity (PPP) returns, says Margaret Kempner, currency strategist at Brown Brothers Harriman
Counterparty risk is driving industry change
The question of counterparty risk is leading to some significant changes in the foreign exchange business, chiefly in introducing innovative ways to manage this risk.
Retail FX: the light at the end of the tunnel?
Retail foreign exchange continues to be a beacon of light for wholesale FX banks, as they push ahead with plans to expand initiatives into next year.
A storm in a teacup
Henrik Gullberg, senior foreign exchange strategist at Deutsche Bank in London, says fears over the Swiss franc's status as a safe-haven currency are exaggerated