Euro
AUDIO: Heading into the perfect storm
Nick Beecroft, senior markets consultant at Saxo Bank in London, takes a critical look at the year ahead and says markets could be heading for the perfect storm.
Corporate hedgers count costs of volatility
Recent volatility in foreign exchange markets has created a tough hedging environment in major currencies, says British American Tobacco's dealing room manager
Markets braced for tough 2012 in FX
Market participants share their expectations for a challenging year ahead in the foreign exchange industry
BMO’s three-month euro view on the money
Bank of Montreal tops three-month rankings after forecasting the euro would fall during Q4 of 2011
FXCM wins out with accurate medium-term euro view
Prediction that the euro would break out of its range during the fourth quarter lands FXCM at the top of the three-month forecast rankings
Eurodollar in freefall, says TMS Brokers
A bearish short-term view on the euro lands TMS brokers at the top of the one-month forecast rankings
FX Week Europe: Full coverage
FX Week presents full coverage of the FX Week Europe event on December 1, including two keynote addresses, five panel discussions and the Best Banks Awards
FX Week Europe: Eurozone survival discussion is premature, says academic
European leaders are "playing poker", but the game will last longer than a few days, says Brunel University's professor of economics
Barclays Capital maintains FX lead in the UK
Despite dropping two places in the overall rankings, Barclays Capital has maintained its leading position in the London market as well as in GBP/USD, EUR/GBP and e-trading
Deutsche scoops top FX award for third successive year
Having carefully tailored its product innovations to the challenging market conditions, Deutsche Bank picks up six awards in the 2011 Best Banks survey
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
Political crisis in Europe brings volatility back to FX options
Volatility returned to eurodollar last week as FX traders priced further downside risk into euro options
Accurate yen view lands Nomura and 4Cast in dead heat
Nomura and 4Cast jointly top this week’s one-month rankings after accurately predicting intervention would weaken the yen
The eurozone is not 'Hotel California', says BNY Mellon strategist
Simon Derrick stresses eurozone membership is not interminable and believes the likelihood of Greece leaving the eurozone is now the most plausible option following the events of last week
Eurozone members expected to decrease, Bloomberg survey finds
The results of the vendor’s latest industry poll suggest the number of countries in the eurozone will fall within the next five years
UniCredit hits top with spot-on euro forecast
Strategists at the Italian bank took an accurate view at the end of September that EUR/USD would rise to 1.40, landing it at the top of the one-month rankings
Eurozone deal brings relief in FX spot and options
Risk sentiment appeared to make a comeback in FX markets yesterday as options volatility fell from record highs and the euro rallied in response to the deal announced after the Euro Summit in Brussels
Record FX profits driven by volatility and hedging, say Deutsche and UBS
A perfect storm of volatile currency moves, intervention from the SNB and frenetic hedging activity have contributed to unusually high FX revenues and volumes in the third quarter, say Deutsche Bank and UBS
EUR/CHF options market springs into life
Traders report sustained levels of activity in the five-year EUR/CHF options market as hedgers protect against long-dated downside risk
Central banks shy away from euro reserves
New data from the IMF’s currency reserves database suggests reserves accumulation has slowed during 2011 and the appetite to hold euro reserves has also waned, particularly on the part of emerging market central banks
Euro depreciation was inevitable, says TD Securities
TD Securities tops the 12-month forecast rankings with predictions of a negative outlook for the euro
Eurozone crisis boosts September spot volumes
Falling confidence in the eurozone and the flight to and from commodities-based currencies has resulted in record volumes, platforms report
Eurodollar will continue to fall, claims Saxo
A three-month forecast that EUR/USD would fall to 1.35 puts Saxo at the top of this week’s rankings, but the Danish bank sees further euro depreciation ahead
Demand for euro puts surges as crisis deepens
Investors and speculators pile into euro put strategies as eurodollar spirals and further depreciation is predicted