Monetary policy

BIS: Output loss not due to currency collapse

BASEL – Amid speculation from some corners of the market that the euro could collapse, the Bank for International Settlements (BIS) published its most recent paper, 'Chronicle of currency collapse: Re-examining the effects on output' on July 6. The paper…

Strong words from the SNB

Neil Mellor, currency strategist at Bank of New York Mellon in London, warns against reading too much into the Swiss National Bank's latest policy statement.

A global power shift

Gerard Lyons, chief economist at Standard Chartered in London, believes the balance of power could shift as the global economy recovers in 2010.

Banks find USD’s future hazy

Banks are divided in their 2010 predictions for the US dollar, with some expecting the unit to falter on risk appetite while others anticipate US monetary policy will support the unit.

Central banks walk the 'not buying dollar' walk

Central banks are increasingly reluctant to accumulate US dollars, and are shifting out of the unit into other G-10 currencies, says Steven Englander, currency strategist at Barclays Capital in New York

ECB looks for the exit

Michael Woolfolk, an economist at Bank of New York Mellon in New York, evaluates the impact of last Thursday's European Central Bank decision

Preparing for a decline in cable

WHAT STRATEGY SHOULD BE ADOPTED AHEAD OF STERLING'S FALL AGAINST THE US DOLLAR? BEN TYLER , ASSOCIATE DIRECTOR, STRUCTURED FX AT LLOYDS TSB CORPORATE MARKETS IN LONDON INVESTIGATES

Reserve diversification

Simon Derrick, chief currency strategist at the Bank of New York in London, suggests a simple, low-cost method to take advantage of any move by the Chinese authorities to diversify

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