Federal Reserve
VIDEO: Greek vote increases focus on policy response ahead of FOMC meeting
Saxo Bank's John Hardy looks at the policy risk following Greece's vote to stay in the euro
VIDEO: Greek vote increases focus on policy response ahead of FOMC meeting
Saxo Bank's John Hardy looks at the policy risk following Greece's vote to stay in the euro
Trading places, April 9, 2012
Departures from JP Morgan and Morgan Stanley, while Deutsche Bank appoints a salesman from Credit Suisse
Market divided on sustainability of yen slump
Barclays Capital has revised its USD/JPY forecasts upwards, but other banks believe the recent fall of the yen will turn out to be a short-lived trend
Cable stagnation forecast moves RBS to top
Royal Bank of Scotland’s February 3 forecasts for the euro, sterling and Swiss franc were spot-on, putting the bank at the top of the one-month rankings
US dollar emerging from the woods, says SLJ Macro Partners
Weighing up the net effect of a negative outlook in the eurozone with positive growth signs in the US, Stephen Jen favours the US dollar
Exploit relative-value opportunities in EM currencies, says Investec
Turkish lira versus the Israeli shekel is a favourite relative-value play for Thanos Papasavvas, fixed-income and currency strategist at Investec Asset Management
Yield makes a comeback
Two months into 2012, Mitul Kotecha assesses the modest healing process that appears to have taken hold in currency markets after a period of marked risk aversion, and explains why yield is becoming a key factor influencing investor appetite
Repositories must capture network analysis, says financial stability expert
Financial network analysis can be used to help regulators digest and understand the ‘data tsunami’ in the foreign exchange market, according to Kimmo Soramäki
EMFX: Go with the flow
Imran Ahmad, emerging markets strategist at Royal Bank of Scotland in London, says Hungary, Turkey and India stand to benefit from renewed support for emerging markets in 2012
G14 dealer group adds two members
Nomura joined the group at the end of August, while Crédit Agricole is expected to join in the first quarter next year - in part a response to regulator criticisms that the group had become too exclusive
Profile: CLS Bank's Bozian on regulatory co-ops and CCP settlement risk
Regulators are struggling to ensure they have oversight of over-the-counter market infrastructure without losing the benefits of centralisation. CLS Bank’s council of supervisors could be the precedent they follow. By Michael Watt
The renminbi's road to success
The renminbi is on the up, but is it climbing fast enough? Farah Khalique talks to currency strategists and a global head of FX structuring about the performance of the currency and future trends
AUDIO: Welcome to Crisis 2.0
With all proxies for risk appetite at or below summer 2010, a third round of quantitative easing is inevitable, says Saxo Bank
Safe-haven appetite for Scandi currencies wavers
Despite the rush into the Norwegian krone and Swedish kronor following Swiss National Bank intervention on September 6, FX traders and strategists are lukewarm about the Scandi currencies' capacity to become long-term safe havens
Central banks take aim at dollar-funding shortage
Co-ordinated action from five central banks eases the pressure on dollar funding for European banks, but EUR/USD cross-currency basis swap market remains under stress
Options traders sense SNB running out of steam
Options traders are betting on further appreciation of the Swiss franc, following comments from the Swiss economy minister that Switzerland will have to put up with a strong currency
AUDIO: Get ready for crisis 2.0
Nick Beecroft, senior markets consultant at Saxo Bank in London, warns that financial markets are at the brink of crisis 2.0.
Options traders braced for further SNB intervention
Demand has switched from downside EUR/CHF options to upside options in anticipation of further Swiss franc weakening measures from SNB, say senior options traders
FX Invest: US dollar's time as world's reserve currency draws to a close
With the European sovereign debt crisis grabbing headlines, markets might be forgiven for overlooking the nearing end of a second round of quantitative easing in the US. Debate over its success raises deeper questions about the role of the US dollar as…
GFT hits top with 12-month euro-yen prediction
GFT's accuracy on EUR/JPY and GBP/USD put it at the top of 12-month forecast rankings
Informa’s ECB rate-based bet pays off
UK analysts bet euro would stay strong as ECB moved ahead of others to hike interest rates
Audio: To QE or not to QE, is the only question?
Markets could be sleepwalking into global crisis 2.0 as a third round of quantitative easing becomes increasingly likely, cautions Nick Beecroft, senior markets consultant at Saxo Bank in London.
Dovish Fed statement heightens dollar bearishness
April 27 FOMC statement confirms QE2 will end in June and interest rates will remain low for an extended period