Foreign exchange
CIBC euro view based on expected ECB rate hike
The Canadian bank expects EUR/USD will fall back to 1.37 following ECB action as FX markets await outcome of Fed meeting at the end of April
Dollar weakness: Passing fad or long-term reality?
The weakness of the US dollar has been a dominant theme so far in 2011, with many strategists predicting the currency will remain on a weak footing for some time. Miriam Siers speaks to currency strategists about the prospects for the dollar in the…
Spotlight on: Kevin Rodgers, Deutsche Bank
Deutsche’s global head of FX spot, e-trading and derivatives talks to Joel Clark about how the bank is positioning the different elements of its FX business to satisfy the changing demands of its clients and the evolving regulations
Wells Fargo's winning forecasts driven by effects of QE2 on the dollar
US bank believes US monetary policy was the major driver of FX markets in the first quarter
The month that 2011 got interesting
March in perspective: an earthquake in Japan and soaring yen; Thomson Reuters Matching out for four hours; Icap moves to decimals on EBS; and what's the latest on Pure FX?
FXall to roll out buy-side benchmarking tool
Move follows a similar product launched in partnership with ITG in May 2010 that has seen limited adoption among buy-side firms
ANZ’s yen forecasts buoyed by G-7 intervention
Concerted intervention to weaken the yen brought yen pairs closer to the bank's predictions
Spotlight on: Clive Banks, BNP Paribas
The global head of FX and local market sales at BNP Paribas in London talks to Joel Clark about the bank’s plans to strengthen and expand its FX franchise over the next three years, with a particular focus on technology and emerging markets
Dollar weakness will continue, warns Barclays Capital
UK bank predicts eurodollar will rise over the next month as current trends continue
Audio: ECB and BOJ face crisis
Nick Beecroft, senior markets consultant at Saxo Bank, discusses the challenges facing the European Central Bank and the Bank of Japan
Spotlight on: Felix Adam, ACT Currency Partner
The founder and chief executive of Zurich-based currency hedge fund ACT Currency Partner talks to Joel Clark about the history of the fund and the changes he has witnessed in the FX market over the past 30 years
Japanese disaster causes yen uncertainty
Strategists say it is difficult to predict the performance of the yen as uncertainty over the Japanese situation continues
Barclays Capital reshuffles FX structuring roles
Senior structurers to switch locations by mid-year as bank merges two business lines
What Japan’s crisis means for the yen
Reflecting on the earthquake and tsunami that struck Japan on March 11, Thomas Stolper, chief FX strategist at Goldman Sachs in London, challenges popular assumptions that have been made about the impact the crisis will have on the yen
CMC rises as euro falls post debt crisis
CMC forecast euro to fall as the debt crisis intensified in March 2010
Yen will strengthen as it did after Kobe, say currency strategists
The earthquake and tsunami that struck Japan on March 11 will not force a weakening of the yen, according to currency strategists focused on the region.
FX Invest Europe: Renminbi could overtake euro as alternative reserve currency
Panellists discuss the US dollar as the unquestioned reserve currency
Spotlight on: the buy side
At the FXInvest Europe conference in Zurich on March 8, foreign exchange investors and fund managers met to discuss key issues driving the FX market in 2011 and the possible impact of new regulations. Farah Khalique caught up with three of them
Scotia Capital triumphs with bullish long-term euro view in 2010
Toronto-based corporate and investment banking group Scotia Capital has topped this week’s 12-month currency forecast rankings for the third consecutive week.
FX Invest Europe: Sell the dollar and sterling, warns senior Swiss economist
Foreign exchange investors should sell the dollar and sterling as both currencies are structurally vulnerable and on a downward path, according to warnings from the chief economist at a Swiss private bank.
FX Invest Europe: Get into emerging markets, say managers
Foreign exchange investors should look to emerging markets to realise the best returns in today’s market, according to senior buy-side practitioners speaking at the FX Invest Europe conference in Zurich on March 8.
In Brief, March 7, 2011
Read this week's In Brief to stock up on the latest technology news around the FX world.
Spotlight on: James Kemp, Afme global FX division
The managing director of the FX market’s new industry body talks to Joel Clark about the challenges of lobbying politicians for appropriate and consistent treatment of FX contracts in US and European legislation
The US dollar – still a safe haven?
Adam Cole, global head of foreign exchange strategy at RBC Capital Markets in London, argues that continuing dollar weakness is not a reflection of risk aversion in the FX markets, but rather a result of a growing difference between US and European…