Federal Reserve
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
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).