Federal Reserve
Speculation surrounds FOMC meeting for clues on possible dollar rally
First-ever FOMC press conference on April 27 could give market some indication of the impact of the end of QE2 and the possible timing of rate hikes, strategists hope
Reserve managers diversify away from traditional currencies, report finds
Non-traditional currencies play an increasingly important role in central bank holdings as a result of eurozone sovereign debt concerns and ongoing economic weakness in developed markets, according to Central Banking Publications report
FX dealers commit to greater standardisation in latest Fed letter
Voluntary OTC commitments touch on standardisation of FX products and the selection of a trade repository for the FX market by Q2 2012
Dollar weakness will continue, warns Barclays Capital
UK bank predicts eurodollar will rise over the next month as current trends continue
CMC rises as euro falls post debt crisis
CMC forecast euro to fall as the debt crisis intensified in March 2010
FX Invest Europe: Renminbi could overtake euro as alternative reserve currency
Panellists discuss the US dollar as the unquestioned reserve currency
Crédit Agricole wins with eurodollar view
Crédit Agricole CIB has topped this week’s one-month currency forecast rankings as well as the one-month historical index.
US Fed’s Tarullo stresses importance of robust CCPs
Well-managed central counterparties (CCPs) are key to handling counterparty credit risk, according to Daniel Tarullo, a governor at the Federal Reserve Board in Washington, DC.
IMF should draft rules on foreign exchange intervention, says BoI's Fischer
Bank of Israel governor Stanley Fischer calls on IMF to draw up international rules on foreign exchange intervention
Rabobank triumphs with expectations of USD weakness
Rabobank topped this week’s one-month currency forecast rankings with expectations the US dollar would continue to weaken.
BarCap predicts trouble ahead for the euro
Barclays Capital dominated this week's one-month forecast rankings with expectations for the euro to benefit from a seemingly hawkish stance by the European Central Bank (ECB).
QE2 drives Danske’s bullish stance on euro
Danske Bank has topped this week’s one-month forecast rankings with a bullish stance on the euro in the wake of further monetary easing (QE2) announced by the Federal Reserve on November 3.
Informa: Quantitative easing threats weigh on the dollar
Informa Global Markets has topped the 12-month currency forecast rankings for a second week in a row by focusing on the effect of changing US dollar sentiment on the FX markets.
Yield strategy comes up trumps in September
Carry traders would have been the top performers among currency managers in September, indicates research from the Royal Bank of Scotland.
Senate confirms two out of three Fed directors
Last-minute deal seats Yellen and Raskin, Diamond turned down
Future of OTC operational commitments under review
OTC derivatives legislation prompts rethink of industry letters to the New York Fed
Wells Fargo: Commodity currencies power ahead
Wells Fargo topped this week’s one-month currency forecast rankings with expectations for commodity and emerging market currencies to benefit from the US Federal Reserve policy of maintaining high levels of liquidity.
US employment: Settling for less
The US August employment report came in better expected, removing some near-term risk of a double dip but still pointing to pervasive weakness, says Julia Coronado, senior US economist at BNP Paribas in New York
Scotia Capital: Focus moves back to the dollar
Scotia Capital topped the three-month currency forecast rankings this week on its prediction the euro would benefit from a shift in focus from the European sovereign debt crisis to worsening US economic data.
Currency managers embrace risk in July
STAMFORD, CT - The Parker FX index made a return of 0.54% in July, as currency markets ditched the dollar for riskier assets amid improving European news and weaker US economic data.
RBS: Sterling set to shine
Royal Bank of Scotland (RBS) topped the 12-month currency forecast rankings and made a top-five appearance in the 12 month year-to-date index this week, with a strong conviction G-4 currencies would underperform.
Currency managers down in June
STAMFORD, CT - The Parker FX index made a loss at -0.79% in June, as currency markets saw a broad-based reversal of currencies versus the US dollar.
Gold points to repeat of summer 2008
Simon Derrick, chief foreign exchange strategist at Bank of New York Mellon in London, looks at where gold is heading and what this says about investor sentiment