Market voice
Lessons in FX
Rob Carnell, senior international economist at Commonwealth Bank in London, reveals the lessons to be learned from the last 12 months in FX -- but warns that 2002’s peacock could always be this year’s turkey
Ports in a storm
Uncertainties surrounding the euro and the dollar mean investors should look further afield to avoid geopolitical risks, says Craig Larimer, managing director, international research group, Banc One Capital Markets in Chicago
Will white labelling stick?
Citigroup’s new white-label service has prompted interest from other banks. But a number of problems must be overcome before they can launch similar products, says James Kemp, London-based managing director of UK technology firm Stentra
2003: year of the euro?
2003 could be a good year for the euro and the yen, but the outlook is not so healthy for the US dollar, says Jesper Dannesboe, chief FX strategist at Dresdner Kleinwort Wasserstein in London
Freezing assets
We could be in for an abrupt change in climate. Steen Jakobsen (right) and John Hardy reveal how to adapt your portfolio to a new Ice Age
Calm before the storm?
Averting a potential war in the Middle East may not be enough to change the dollar’s tone, says Monica Fan, senior currency strategist at RBC Capital Markets in London
Correlation key for forex returns
For greater returns in the FX markets, investors should examine the correlations between different currency pairings, says Peter Luxton, economic adviser at MMS International
Online FX: a revolution in the making
Corporates and institutions have embraced the idea. Now, the market will judge which platform best serves their needs, says Stephen Smit, managing director, Global Link, Europe
Dollar finds its wings
The eurozone’s short-term advantage over the dollar has peaked. Citigroup, winner of FX Week ’s Best Bank in Research & Strategy Award, remains bullish on the US unit, says Robert Sinche, global head of FX research at Citigroup in New York
That sinking feeling
Policy flexibility and high productivity have supported the dollar, but they aren’t enough to turn the tide of weak growth and negative technical signals, says Francesca Fornasari.
Germany: the eurozone laggard
There are several positive influences on the euro, but the German economy is holding the currency back, says Nick Bennenbroek, international economist at Brown Brothers Harriman in New York
Short-term divergence
Traders seeking to exploit medium-term misalignments in FX rates should take a close look at euro/Norwegian krone and dollar/Swiss franc trends, says Aziz McMahon, FX strategist at ABN Amro in London
Reliant on foreign inflows
Stock markets may be falling, but foreign investors are still buying US equities, says Michael Woolfolk, currency strategist and head of North America research at Bank of New York
Misreading the signals
The US current account deficit is an overestimated factor in determining the dollar's direction, says Niels Christensen, senior currency strategist at SG in London
The lira: built to last
Despite political and economic upheaval, the Turkish lira has remained strong, says Matt Vogel, head of strategy for EMEA at Barclays Capital in London