Opinion/Trading
The effects of the subprime crisis
According to Michael Woolfolk , New York-based senior currency strategist at Bank of New York Mellon, US market players will focus on evolving developments in the subprime crisis, with global equities the preferred barometer for market risk aversion
Hedging the carry trade
How can an investor make the most of the carry trade? Lee Ferridge , head of trading strategy at Rabobank in London takes a look
The value in Asian currencies
Where does the value lie in Asian FX? David Mann , senior FX strategist at Standard Chartered Bank in Hong Kong investigates
Safeguarding against carry correction
It would be prudent to protect profits from a potential correction of recent carry trade trends, says Ian Stannard , Senior Currency Strategist at BNP Paribas in London
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
Keeping pace in an explosive market
Rick Schumacher, product manager at Wall Street Systems in New York, explores recent transformations in the FX market and the new challenges and opportunities these present for banks
Margin trading platform race gathers pace
The race to launch a margin trading platform continues to gather pace, with at least two further banks in the process of signing deals with online trading companies to launch retail platforms.
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
Participating in a rangy/bullish spot
How can clients maximise potential gains from favourable spot moves while minimising the downside risk? Eric Ohayon of Bank of America in London investigates
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
The rise of the vol product
To get pure exposure to the new asset class, Philippe Lintern , head of FX Complex Products at The Royal Bank Of Scotland in London, proposes volatility products
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
Does one platform really fit all?
Do clients even want to trade multiple asset classes from a single platform? That's an interesting question.
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
Extending forex market reach
There is great scope for further integration between FX and interest rate swap markets, says Philip Whitehurst of independent developer MID Analytics in London
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
When volatile waters grow calmer
How should one prepare for a return to more normal levels of volatility? Neil Mellor , currency strategist at The Bank of New York in London, evaluates expectations for record lows.
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
Preparing for a decline in cable
WHAT STRATEGY SHOULD BE ADOPTED AHEAD OF STERLING'S FALL AGAINST THE US DOLLAR? BEN TYLER , ASSOCIATE DIRECTOR, STRUCTURED FX AT LLOYDS TSB CORPORATE MARKETS IN LONDON INVESTIGATES