Opinion/Trading
Signs of the times, symbols of success
Emerging markets currencies are gradually coming to the fore.
Using basket options for Asian appreciation
Ian Stannard , senior currency strategist at BNP Paribas in London, suggests a basket option to participate in Asian currency outperformance
The bonuses of networking
Ronald Balzano , president of COESfx, says businesses relying too heavily on trading desks will lose out to firms that offer customers quick and easy access via ECNs
Opportunities from Asian tension
Niels Christensen , senior currency strategist at Société Générale in Paris, sees opportunities for dollar bulls and bears when trading the Hong Kong dollar despite the peg
A new maturity for FX?
Justyn Trenner , chief executive and principal of consultancy firm ClientKnowledge, says a more discriminating approach to how liquidity is channelled is essential to the continued growth of the market
A big year down under: AUD out-performs NZD
Four reasons why AUD/NZD is going higher in 2006, by Adam Cole , senior currency strategist at RBC Capital Markets in London
Hedging foreign currency earnings with basket options
By Ramon Espinosa , GFX-Portfolio and risk strategy, Jim Kamphoefner , GFX solutions and Andria McLintock , GFX options at Bank of America
A year of transition
G7 monetary policy will drive down the dollar, but in a year of policy gradualism and recovering global growth, its decline is likely to be orderly, say Lena Komileva , G7 market economist and James Potter , MD treasury at Tullett Prebon
From crystal balls to digital options
Sometimes one just wants to know – how much can I lose? Evan Steed , vice-president and director, FX options at TD Securities in Toronto, looks at three funding possibilities that can hopefully reduce this uncertainty
Is the UK consumer a spent force?
Jeremy Stretch, FX strategist at Rabobank in London, looks at the economic backdrop, interest rate expectations and prospects for growth in the UK in 2006
Globalisation, current accounts and the dollar
Many observers stubbornly think EUR/USD must rise to correct the US current account deficit, while others believe global imbalances are mainly about America's external deficit. Danske Bank's approach is slightly different, says Teis Knuthsen , head of…
Commodity currencies are set to sparkle in 2006, says Trevor Williams, chief economist at Lloyds TSB Financial Markets in London
Go for the currencies with the commodities
Preparing for Korean won under-performance in 2006
Standard Chartered’s economics and FX strategy team suggest ways to position for a weaker Korean won in 2006
Enigma – a cracking good model
Pete Eggleston, head of quant solutions at the Royal Bank of Scotland, financial markets, in London, discusses systematic trading of FX implied volatility using the 'Enigma' model
Thinking outside the US dollar
Marios Maratheftis, FX strategist at Standard Chartered in London, sees an end to the dollar's rally, and describes how high yielders together with Asian and African currencies are offering exciting opportunities
The FX implications of the gold-oil ratio
In a week that has seen gold hit a 24-year high, more attention is being paid to the inter-relationship between prices of fuel and metals, specifically oil and gold, says Ashraf Laidi, chief currency analyst at MG Financial in New York
Hedging profits effectively
Daniela Asikian, Senior Structurer At Hsbc In London, Shows How Companies Can Hedge Exposure From Overseas Profits Taking Advantage Of Current Forwards Rates
A change in balance
The market has bought the interest rate argument – and the dollar – in 2005. With the end of HIA related repatriation, the balance will change in the new year, writes Chris Furness, senior market strategist at 4Cast in London
Improved outlook for krona
The outlook for the Swedish krona has improved, but the impact will be felt in the crosses, where a topping pattern is developing, says Meg Browne, senior currency strategist at Brown Brothers Harriman in New York
Invest in a carry basket EMTN
Christine Lefort, global head of FX Structuring at Calyon in Paris, suggests a way to extract returns from FX-linked investments in a time of low rate differentials
Is the post-Plaza Accord era over?
Toru Umemoto, FX strategist at Barclays Capital in Tokyo looks at views for and against ditching the accord
A towering rate of return
Sara Sullivan, head of currency solutions at ANZ Investment Bank in London, presents a way of enhancing returns on deposits by taking a view on exchange rates
Focus on rates
With interest rates in the spotlight, Cyril Beuzit, global head of interest rate strategy at BNP Paribas in London, discusses what to expect next
A strategy for yen appreciation
With faster economic growth, yen appreciation will happen. It is just a matter of timing, says Trevor Williams, chief economist at Lloyds TSB Financial Markets in London