Euro
On your marks...
One of the foreign exchange market mega-trends in 2010-2020 will be the use of the Swiss franc as a proxy for the old German mark, says Mansoor Mohi-uddin, global FX strategist at UBS in Singapore
Euro decline continues
LONDON - The euro hit a four-year low against the dollar last Friday (June 4), sparking a rise in options prices as the unit edges further towards the 1.2000 barrier.
Trend followers power through in May
LONDON - Currency managers using the trend strategy were the best performers in May, with an overall net movement into the US dollar, indicates research by Royal Bank of Scotland.
JP Morgan: Commodity currencies will rally
JP Morgan topped the one-month currency forecast rankings this week with a focus on differing policies.
April a pleasant month for ParkerFX
STAMFORD, CT – The Parker FX Index is reporting a 0.52% return for the month of April as managers benefited from the continued decline in European currencies.
Aspen wins with technical analysis in murky conditions
Aspen Trading topped the one-month currency forecast index for the first time ever with a sole focus on technical analysis.
Euro pessimism pays off for 4Cast
4Cast topped this week’s three-month currency forecast rankings with a dual prediction for a decline in the euro and yen.
Euro and sterling – love to loathe
Daragh Maher, foreign exchange strategist at Crédit Agricole in London, discusses the struggle of the euro and sterling in the face of recent political events, and asks which is winning the battle of the battered
Briefs 17.5.10
Read this week's Briefs section to catch up on technology news.
Informa: Dollar miles ahead of flagging euro and sterling
Informa topped the one-month currency forecast rankings with a bullish dollar view amid turmoil over the euro and sterling.
Option prices rocket over euro crisis and UK hung parliament
LONDON – Options prices shot up dramatically last week as liquidity fell, amid long-term concerns over the European Central Bank’s (ECB) handling of the eurozone deficit crisis and uncertainty about the outcome of the UK election.
BNP Paribas: pound is going down
BNP Paribas topped the 12-month currency forecast rankings and made a top five appearance in the one- and 12-month year-to-date index, by focusing on changing global liquidity conditions.
Traders prep for more euro troubles
LONDON - Options markets are pricing in further euro downside risk, despite expectations a multibillion euro bailout package for Greece will be unveiled soon.
Gain Capital: outer eurozone will drag euro down
Gain Capital topped the three-month currency forecast rankings with a bearish stance on the euro, having predicted the Greek debt crisis would spread to neighbouring economies.
Euro loses as markets play it safe
Greece continues to dominate the headlines. However, the contagion effect to other eurozone peripherals as well as concerns over Chinese monetary tightening and proposed financial regulatory reforms have been driving financial markets recently –…
Lloyds TSB: USD will win G-3 currency race
Lloyds TSB has topped the three-month currency forecast rankings this week by maintaining its dollar-bullish stance, according to Trevor Williams, chief economist at the bank in London.
Saxo preps for slowing global growth
Saxo Bank has topped this week's three-month currency forecast and the 12-month year-to-date index by focusing on scenario analysis.
Wells Fargo boosted by US recovery
Wells Fargo has topped the three-month year-to-date index this week with a consistent dollar-bullish approach. Nick Bennenbroek, head of currency strategy at Wells Fargo in New York, attributed its forecast to economic factors and market positions.
Informa: Yen set to regain funding crown
Informa topped the one-month currency forecast rankings this week with a dollar-bullish view.
BNP Paribas: Liquidity withdrawal key to dollar recovery
BNP Paribas has topped the 12-month currency forecast rankings by focusing on the long-lasting effect of central bank liquidity measures.
Greek bailout fails to inspire FX traders
The Greek bailout fails to appease forex traders
Corporate hedge ratios reach record levels
JP Morgan corporate survey released
Central bankers see reserve currency future for renminbi
The renminbi will over the long term become a reserve currency, according to a survey of central bank reserve managers carried out by Incisive Media's Central Banking Publications in autumn 2009.