Market voice
Sterling shifts towards fixed-income
Sterling's sources of strength amid slowing M&A activity are analysed by David Bloom and Paul Mackel , of HSBC's London-based FX strategy team
AUD/USD moves towards fair value
After a year and a half of undervaluation, the AUD/USD is finally close to its fundamental fair value, says David Forrester, Australia and New Zealand FX strategist at Barclays Capital in London
Australian dollar: a reserve currency
The potential for the Australian dollar as a reserve currency is evaluated by Divyang Shah , chief strategist at Commonwealth Bank of Australia in London
What happens when the state steps in
The effects of state intervention on exchange rate policy are examined by Peter Luxton , London-based global markets adviser at Informa Global Markets
Dollar could hit 1.40 against Swissie
The prospects for a stronger dollar are scrutinised by Benedikt Germanier , currency strategist at UBS in Zurich
Sensible, flexible, stable: meet the GBP
Despite dropping all talk of euro membership, the UK has achieved exactly what it needed: a stable and sensibly priced currency while maintaining a flexible monetary policy, says Simon Derrick , head of currency research at Bank of New York in London
Reaction to China’s wider trading band
In the week after China’s triple response on monetary policy, sentiment on the groundis confident, according to two experts at JP Morgan in Singapore: David Fernandez,head of emerging Asian economic research, and Claudio Piron, head of Asian FX research
Hear no evil?
Retail punters and cross-border institutional investors have adopted strong risk-seeking positions despite warnings of a Chinese stock market bubble, find Andrew Capon, editor-in-chief, and Michael Metcalfe, head of macro strategy at State Street Global…
BoE rate hike should have been higher
Commenting on last week's widely anticipated 0.25% rise in UK base rates, London-based fund manager Ted Scott of F&C Investments believes the Bank of England's Monetary Policy Committee should have done more to stamp out inflationary expectations
Avoiding corporate cable complacency
UK corporates need to keep their eyes on hedging policies as city analysts debate the sustainability of the current cable price, says John Haines , managing director, financial markets sales at Lloyds TSB Corporate Markets
Examining emerging market currencies
NEW YORK-based Merrill Lynch currency strategists Daniel Tenengauzer and Parag Ramaiya explain why the bank's valuation model views most emerging market currencies as undervalued
Russia continues dollar shopping spree
Russian foreign exchange reserve growth is led by dollar buy-up, says Chris Turner , head of FX strategy research at ING wholesale banking in London
The beginning of a long-term decline?
The carry trade environment for GBP/JPY is scrutinised by Simon Derrick, managing director, global markets at Bank of New York in London
Slovakia braced for euro arrival
What factors will determine the conversion rate of the Slovakian koruna when it joins the euro, asks Jan Toth, ING's chief economist in Bratislava
Loonie should rise against greenback
The languishing Canadian dollar has the potential for a stronger close to the year, says Camilla Sutton, currency strategist at Scotia Capital in Toronto
ECB, BoE leave rates unchanged
Daragh Maher, senior FX strategist at Calyon in London, evaluates the European Central Bank and the Bank of England's inaction on rates last week, and what lies ahead
Charting the rise of the ruble
Dmitri Fedotkin, economist at VTB Bank Europe, says the Russian ruble is set to rise further against the dollar and euro this year
The forint faces an imminent setback
Meg Browne, senior currency strategist at Brown Brothers Harriman in New York, warns of the perils facing the Hungarian currency
G10: a roadmap for 2007
Teis Knuthsen, head of FX research at Danske Bank in Copenhagen, outlines a roadmap for G10 currencies in the first half of 2007
The USD resurgence may only be temporary
Simon Derrick, head of currency strategy at Bank of New York in London, warns that it may be too soon to be revising those dollar forecasts
Sterling and the phantom menace – EUR/GBP will rally in 2007
Adrian Hughes, currency strategist at Société Générale Corporate & Investment Banking in London, assesses the prospects for sterling in 2007
Complacency leads to a hard landing
Going against consensus view, Sharada Selvanathan , currency strategist at BNP Paribas in Singapore, advises preparing for a hard landing in the US economy
M&A flows – the Aussie angle
Sharon Yeshaya, FX strategist at Morgan Stanley in New York looks at the effect the current M&A cycle will have on the Australian dollar