Opinion/Trading
The beginning of a long-term decline?
The carry trade environment for GBP/JPY is scrutinised by Simon Derrick, managing director, global markets at Bank of New York in London
Slovakia braced for euro arrival
What factors will determine the conversion rate of the Slovakian koruna when it joins the euro, asks Jan Toth, ING's chief economist in Bratislava
Carry on... with a difference
There are many ways to take advantage of uncorrelated carry trades, says Marios Maratheftis, FX strategist at standard chartered in London
Loonie should rise against greenback
The languishing Canadian dollar has the potential for a stronger close to the year, says Camilla Sutton, currency strategist at Scotia Capital in Toronto
ECB, BoE leave rates unchanged
Daragh Maher, senior FX strategist at Calyon in London, evaluates the European Central Bank and the Bank of England's inaction on rates last week, and what lies ahead
Charting the rise of the ruble
Dmitri Fedotkin, economist at VTB Bank Europe, says the Russian ruble is set to rise further against the dollar and euro this year
The importance of best execution
The biggest piece of news to come out of last week is the sale of Currenex to State Street for $564 million.
The forint faces an imminent setback
Meg Browne, senior currency strategist at Brown Brothers Harriman in New York, warns of the perils facing the Hungarian currency
G10: a roadmap for 2007
Teis Knuthsen, head of FX research at Danske Bank in Copenhagen, outlines a roadmap for G10 currencies in the first half of 2007
Consolidation is the key theme
The theme of consolidation in the brokerage industry continues this year, with Société Générale and Calyon confirming exclusive negotiations to merge their brokerages Fimat and Calyon Financial. But what happened to all that talk about consolidation in…
The USD resurgence may only be temporary
Simon Derrick, head of currency strategy at Bank of New York in London, warns that it may be too soon to be revising those dollar forecasts
Sterling and the phantom menace – EUR/GBP will rally in 2007
Adrian Hughes, currency strategist at Société Générale Corporate & Investment Banking in London, assesses the prospects for sterling in 2007
New Year and new beginnings
This is my final issue of FX Week. After more than two years in the editor's chair, the time has come for me to move on. It's been an interesting and challenging job and one which has taught me a lot about global markets.
The changing face of liquidity
Paul Ronan and Nicholas Hodder , of technology vendor City Practitioners, consider the impact the increasing prevalence of auto-trading capabilities is likely to have both on banks' efficiency and on spot traders themselves
History calls for caution on Kiwi
History suggests we may see one last squeeze higher over Christmas for the kiwi, says Rhiannon Healy, solutions specialist for ANZ in London
The mixed blessings of co-operation
Co-operation in the foreign exchange industry has generally tended to bolster the market.
Preparing for a return to volatility
Persistently low levels of volatility have made it tough to trade the currency markets since late august. Simon Derrick, head of currency strategy at Bank of New York in London, investigates whether the past few months have been anomalous, and how to…
Complacency leads to a hard landing
Going against consensus view, Sharada Selvanathan , currency strategist at BNP Paribas in Singapore, advises preparing for a hard landing in the US economy
Taking advantage of variance swaps
Loïc Henry, head of structuring at Calyon in Paris, suggests using variance swaps to trade non-directional strategies in an environment of low volatility
M&A flows – the Aussie angle
Sharon Yeshaya, FX strategist at Morgan Stanley in New York looks at the effect the current M&A cycle will have on the Australian dollar
Headwinds are set to hinder the rand
Razia Khan, senior economist at Standard Chartered in London says the fundamentals for the rand are not supportive despite a recent rally
How to play gravity-defying USD/JPY
Peter Luxton, Global Markets Adviser and Shant Movsesian, Senior Options Analyst at Informa Global Markets advise taking dollar bulls into account when trading on potential weakness
Managing exposure to forex volatility
Manuel Deijk in the structured FX team at UBS looks at a selection of quantitative methods applied in the implementation of FX risk management policies