Opinion
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
The benefits of petro-dollar diversification
The latest data suggests that Opec members have not been recycling oil revenues into US assets. This implies that diversification is likely to start soon, putting the dollar under significant pressure, however the timing is still uncertain, says Ian…
Inflation targeting on the way
Royal Bank of Canada’s London-based senior emerging markets strategist, Tania Kotsos (right), looks at the potential impact of Ben Bernanke replacing Alan Greenspan as Fed Governor
India’s white collar revolution
Sanjeev Sanyal, senior economist at Deutsche Bank in Singapore, points to the educated middle class as being the driver of the economy’s dramatic transformation over the last decade
Measuring US dollar and prospects
Thomas Lam Tai Loong, treasury economist at United Overseas Bank (UOB) in Singapore, outlines a way of predicting dollar movement through measuring growth in the US economy
Egypt on a roll
Mehmet Simsek, emerging market economist at Merrill Lynch in London, reviews the factors behind further real medium-term strengthening and future appreciation of the Egyptian pound
Using a long straddle for EUR-USD participation
Armin Mekelburg, currency strategist at HVB in Munich recommends a way to take advantage of the strong swings in the eurodollar
Simple is best
Simon Derrick, head of currency strategy at Bank of New York in London, says ‘simple is best’ when looking to increase exposure to sterling to take advantage of a continued widening of the interest rate differential
Avian flu: a big risk?
Ashley Davies, FX strategist at UBS in Singapore, identifies the key stages of the spread of a disease, and identifies its impact on the currency markets
Yuan for the money
With the growing importance of the Chinese market, James Malcolm, senior currency strategist at Deutsche Bank in Singapore, suggests range-trading USD/CNY NDFs from the short side, to capture gains
2005 a tough year for FX investors
Deutsche Bank's currency strategy team looks at what's working and what's not for FX investors and which trading styles have worked best in 2005
When is it appropriate to use average rate options?
Corporates can fall into the trap of using average rate options as a cheaper alternative to European options. Jeff Cooper (right), vice-president, foreign exchange, Bank of Montreal in Toronto, clarifies the misconception
China stirs the pot
Daniel Katzive, UBS currency analyst in Stamford, looks at the implications of China's decision to widen the band on the yuan peg
Oiling the wheels of kroner strength
Adam Myers, FX strategist at UBS in London, discusses the potential for a Norwegian kroner (NOK) setback in the short term Ministry of Finance and the Norges Bank Petroleum fund
Sign up for buy-side involvement
Olaf Ransome, head of transactions development and support at Credit Suisse in Zurich, calls on FX management to embrace plans to adopt an agreement that would make it much easier for the buy side to sign up to continuous linked settlement
Hedging rupee currency pairs
The global markets team at ICICI Bank in Mumbai suggests ways for Indian corporates to hedge against volatility in the Indian rupee currency pairs.
Don't discount emerging markets
Emerging markets present an opportunity rather than a threat following the economic crises they experienced, says Alain Delelis, head of FX for Europe at Bank of America
