Mexican Peso
CLS: the 10-year-old man in the middle
Ten years on from launch, CLS has come to occupy a unique and systemically important position in the global FX market. In the first of a two-part series, chairman Gerard Hartsink talks to Kathy Alys about CLS’s highs and lows in a decade as the market’s …
FX futures and options volumes soar on CME
While volumes are down year-on-year, September has seen a number of record days on CME Group, particularly in currencies such as the Canadian and Australian dollars and the Mexican peso
Scotiabank on the mark with bearish euro call
The Canadian bank accurately predicted in late February that the euro would fall, landing it on top of the three-month forecast rankings
Questions raised over LatAm growth potential
Former head of FX macro sales at Goldman Sachs believes growth in Latin America may have reached its limit, despite widespread focus on currencies such as the Brazilian real
FX market looks to Brazil for LatAm returns
Brazil is a key area of focus for FX banks and interdealer brokers this year, despite the erratic behaviour of the Brazilian real towards the end of 2011 and the challenges arising from the currency’s non-convertibility. Melanie White reports
FX Invest Europe: Investors cautious on prospects for renminbi
Currency managers express a preference for alternative emerging market currencies to Chinese renminbi
Buy the Indian rupee, says State Street Global Advisors
Having been bearish on the rupee for several years, the firm's head of currency management has become more positive in recent months, and now rates the currency as a top EM bet
Exploit relative-value opportunities in EM currencies, says Investec
Turkish lira versus the Israeli shekel is a favourite relative-value play for Thanos Papasavvas, fixed-income and currency strategist at Investec Asset Management
Aussie dollar is overvalued, says UBS Asset Management
Despite the strong performance of the Australian economy, the Aussie dollar is overvalued to "an extreme level", according to Jonathan Davies
LTRO has jump-started currency investors out of risk aversion, says Pimco
Currency investors appear to have moved away from risk aversion and become more interested in high-yielding EM currencies as a result of the ECB’s refinancing operation, according to Pimco’s head of FX
FX Week USA: Niche services rather than volume set to dominate FX
Conference speakers discuss the changing nature of the foreign exchange market, and agree successful providers in future are likely to be those that can offer a range of niche services rather than those with the highest volumes
Deutsche Börse targets FX options after taking stake in Digital Vega
German exchange’s acquisition of a minority stake, announced on July 5, gives it a new-found foothold in foreign exchange options, according to Deutsche Börse official
Spotlight on: Dan O’Sullivan, Société Générale
The French bank’s co-head of global FX trading talks to Farah Khalique about the impact of recent eurodollar volatility on banks and investors, and the practical challenges of implementing new regulatory requirements
Forex booms across major platforms
Electronic brokers reported record-breaking trading volumes in October, reflecting a continued upward trend in FX and an interest in commodity currencies.
Standard Chartered expands in FX
NEW YORK & SINGAPORE - Standard Chartered has reorganised its trading desks in New York and made a key hire in Singapore, the bank announced on August 11.
Standard Chartered: EM currencies will come out top in 2011
Standard Chartered topped the one-month currency forecast rankings on expectations for further euro hardship.
Latin America: Looking beyond the correction
Morgan Stanley analysts believe there will be scope for a recovery in emerging market assets once the positioning becomes more balanced – primarily with respect to real-money investors, which will mean a bit of repricing
FX CIOs: 'Lehman II' and capital controls biggest risks to FX
Chief investment officers attending FX Invest Europe 2010 share their fears
ETF Securities diversifies into EM
Emerging market currencies added to ETF's products