Royal Bank of Canada (RBC)
FXall expands in London with three hires
FXall has made three appointments to its sales team in London, all reporting directly to James Watson, head of Europe, the Middle East and Africa
TD Securities hires options trader from RBC
New trader started at TD earlier this week and reports to William Kellett
The platforms of 2012: TraFXpure
When it launches next year, TraFXpure hopes to become a primary trading platform in the FX market, alongside EBS and Thomson Reuters. While that’s a tall order in today’s environment, Tradition’s Daniel Marcus, Campbell Adams and Roger Rutherford believe…
Swiss franc expected to retrace its fall as ECB news sinks in
The euro rallied against the Swiss franc for the first time in six months after yesterday’s announcement of new measures from the ECB, but FX strategists expect it to fall back towards 1.20
RBC on top with August stagnation forecast
The Canadian bank tops the one-month currency forecast rankings and warns of uncertain forecasting conditions over the next three months
Gain hires PFG trading team to boost GTX platform
Gain Capital's GTX institutional platform has hired 10 traders from collapsed broker Peregrine Financial Group as well as FXCM Pro salesman Anthony Scamardella
TraFXpure open-access model aims to eliminate tech-based competition
Interdealer broker Tradition claims the new bank-backed spot platform will provide fair access for all, regardless of technology
UBS beefs up FX sales team in Europe
The Swiss bank has made three appointments to its FX sales teams in London and Zurich
Westpac continues FX hiring spree
Blake Jensen, formerly of RBS, has joined Westpac in institutional sales as the latest in a number of key hires across sales and trading globally
Overcrowded market for forex options platforms will lead to consolidation
With at least six new multibank options platforms now competing for market share, differentiation is crucial for participants, but some believe consolidation of platforms is also inevitable. Chiara Albanese reports
Trading places, March 26, 2012
New appointments at Citi and Deutsche Bank, and departures from RBC Capital Markets and RBS
Trading places, March 19, 2012
New hires at CIBC, Citi Private Bank, RBC Wealth and SG Private Banking, while Sants is to depart the FSA
Market divided on sustainability of yen slump
Barclays Capital has revised its USD/JPY forecasts upwards, but other banks believe the recent fall of the yen will turn out to be a short-lived trend
Welsh and O’Sullivan head FX at Jefferies
Ben Welsh heads FX in New York, with Dan O'Sullivan as head of FX trading
Rabobank hires FX strategist in London
Christian Lawrence joins from RBC Capital Markets, and reports to Jane Foley
Increase in Swissie floor still on the cards, say strategists
Currency analysts expect the EUR/CHF floor could rise 1.25 or 1.3 by the end of March
Trading places, December 12, 2011
Promotions and appointments at Advent Software, LCH.Clearnet, SGX and RBC Dexia
Why the consensus is wrong on USD/JPY
RBC Capital Markets has taken a contrarian view on the yen for several years, predicting it would strengthen against the US dollar while the consensus forecast was for yen strength. After the bank’s contrarian view has proved accurate, Adam Cole argues…
Defining excellence in currency forecasting
FX research is fast becoming a key differentiator in determining success in the business. In our inaugural FX Week Currency Forecast Awards, we acknowledge those leading the field
Standing out from the crowd with forecast of yen strength
RBC Capital Markets scoops all three forecast awards on USD/JPY after taking an accurate view that the consensus forecast of yen weakness was not supported by fundamentals
Trading places, November 7, 2011
New appointments at State Street, Deutsche Bank and the US Treasury, while Lloyds loses a trader
RBC consistently contrary on yen strength
Royal Bank of Canada's contrarian view of ongoing yen strength led it to top this week's three-month currency forecast rankings
Sterling: hamstrung by the latest round of QE?
With the announcement from the Bank of England on October 6 of a further round of quantitative easing, the consensus view of contributors to FX Week’s currency forecast index is that cable will remain around 1.55 for the next three months, despite being…
The Canadian dollar: to hedge or not to hedge?
The Canadian dollar weakened significantly against the greenback in the last two weeks of September, moving from parity on September 21 to 1.0461 on September 30. Farah Khalique talks to currency strategists about what’s driving the Canadian dollar’s…