Foreign exchange
Strong words from the SNB
Neil Mellor, currency strategist at Bank of New York Mellon in London, warns against reading too much into the Swiss National Bank's latest policy statement.
BNPP in FXPB build with Baggioli
BNPP hires new European head of FXPB.
Standard Chartered cranks it up in FX
Standard Chartered continues hiring.
Banks adopt new options-pricing practice
Interbank market builds consensus
Morgan Stanley wins Advanced Markets as FXPB client
Success for nascent FX prime brokerage business.
Informa: US dollar will fight back in 2010
The US dollar will improve by 2010, albeit slowly.
Trading places
Trading places
Nomura boosts its New York FX team
Nomura boosts its New York FX team
GFI upgrades Fenics options pricing platform
Brokers extends options coverage
Nomura signs on to Traiana Harmony
Japanese bank continues e-FX build-up.
Sennik quits Credit Suisse
Credit Suisse loses top FX options trader Chetan Sennik.
BNP Paribas plots domination with FX eTrader
BNP Paribas launches new electronic trading platform, FX eTrader.
A global power shift
Gerard Lyons, chief economist at Standard Chartered in London, believes the balance of power could shift as the global economy recovers in 2010.
Banks find USD’s future hazy
Banks are divided in their 2010 predictions for the US dollar, with some expecting the unit to falter on risk appetite while others anticipate US monetary policy will support the unit.