Opinion
Aussie star on the wane
The good times are over for the Australian dollar, as the economy stalls, writes Stephen Koukoulas, global strategist at TD Securities
Rescue the rouble
Igor Souzdaltsev, head of financial institutions at OTP Bank (Russia) in Moscow, calls to stave of another financial crisis
Between a rock and a hard place
Patrick Lefler, foreign exchange consultant at Wall Street Systems in New York, looks at the future of CLS as demand grows for bilateral netting
Up, up and Nikkei
Andrew Capon, editor-in-chief at State Street Global Markets research in London, shines a spotlight on Japanese equities
The end of the beginning
David Mann, head of research, at Standard Chartered in Hong Kong looks at the key drivers for the major foreign exchange markets
Why you should know your customers
If market rumours are anything to go by, Currenex, Fixi and an FX prime broker could be locked in bitter recriminations after an algorithmic trading client of London-based investment house Fixi blew up last month.
Asia and the US-led slowdown
Jane Foley, senior foreign exchange strategist and portfolio manager at Redtower Asset Management in London, looks at the implications of a US slowdown on the Asian markets
The new wave
Paul Caplin, chief executive at Caplin Systems in London, discusses the application of Web 2.0 for foreign exchange trading
Efficient correlation
Marc Chandler, chief currency strategist at Brown Brothers Harriman in New York, shows how a study of correlations can reveal valuable information about the shifting relationship between global currencies
Risks for Anglo-Saxon currencies
Mike Gallagher , director of research at IDEAglobal in London, evaluates the prospects for currency markets during a break in the intensity of negative credit or economic news
Land of opportunity
The re-emergence of large numbers of stocks trading at a discount to their net current assets (net/nets) attests to the remarkable values now available in Japan, says Peter Tasker, part of Dresdner Kleinwort's Japan research team in Tokyo.
The retail revolution continues...
With each week comes more news about initiatives carried out by wholesale banks to target the retail foreign exchange market, each applying slightly varying strategies. US investment banks, for example, have been renowned for their aggressive pricing to…
A call for old-fashioned banking?
Over the past few years, buy-side traders have been demanding a levelling of the playing field as they increasingly make markets in foreign exchange like their sell-side peers. So it was surprising, and even refreshing, to hear some calls for old…
A word of warning
Cast your minds back one month...
There will be blood
David Woo, head of global foreign exchange strategy at Barclays Capital in London, notes the movers and shakers among the G-10 currencies
How misaligned is USD?
Pete Luxton, global economic adviser at Informa Global Markets in London, assesses USD's deviation from purchasing power parity and how it affects the G-10 currencies
Watching the market in 3D
Chip Lowry, senior managing director of Currenex, and John Vause, managing director of State Street's Global Link business for Europe, the Middle East and Africa, evaluate the evolution of the FX market's structure
Small retail FX firms face extinction
Felix Shipkevich, general counsel, and Anna Vidiaev, staff attorney, at online foreign exchange trading company Capital Market Services in New York say a proposed rise in capital requirements for retail brokers will result in an anticompetitive market
A matter of preference
Jeffrey Todd Lins, director of quantitative analysis at Saxo Bank in Copenhagen, advances the tired debate over hedging versus alpha generation in wealth management.
Can the buy side deliver on prices?
This Wednesday FX Week is hosting its second annual FX Invest USA congress at the Mid-America Club in Chicago. The event follows the successful launch last year of this series of conferences, which act as a forum to discuss issues facing the industry…
Gambling on stability
The dollar's downward slide against the euro can't continue. Neil Mellor, currency strategist at The Bank of New York Mellon in London, suggests a trade to take advantage of an expected period of stability in the EUR/USD
USD hits lows, but no recovery until H2
Michael Ramon Klawitter, senior foreign exchange strategist at Dresdner Kleinwort in Frankfurt, says massive Fed liquidity injections will buy the US government enough time to develop a far-reaching rescue package for the economy and the financial sector
FXMS initiatives need to see volume
FXMarketSpace's initiative to launch an alternative settlement system to industry utility continuous linked settlement is a bold one.
Forex is surviving the credit crunch
The Fed-backed sale of Bear Stearns to JP Morgan has sharpened focus on counterparty risk, with Lehman Brothers as the main target. Although the bank allayed concerns with better-than-expected results, the general crisis of confidence still remains.