Swiss National Bank (SNB)
FX markets driven excessively by 'headline noise', says Aviva’s currency chief
Volatility in foreign exchange markets has been driven increasingly by a desire to re-price on the back of every headline, says Pierre Lequeux, head of currency management at Aviva Investors
Swiss franc surge tests SNB resolve
Traders and strategists expect the SNB to defend but not raise the 1.20 floor on EUR/CHF, despite the spot rate having come close to the floor in recent days
Thomson Reuters accurately pessimistic on US dollar strength during 2011
Strategists accurately predicted the US dollar would remain weak during 2011, driving strength in the Swiss franc and the yen
FX clearing - the opportunity that never was?
Clearing of non-deliverable forwards has yet to get off the ground, despite clearers having switched their focus to the product during the course of last year
CIBC wins double whammy with slow-burn euro forecast
An expectation that the euro would fall more steadily than some expected lands CIBC at the top of the one-month and three-month forecast rankings
Erroneous Swissie price on EBS sparks anger among traders
Foreign exchange traders express concern after an incorrect EUR/CHF price found its way from the EBS training environment onto the live market
Hildebrand scandal leaves Swissie expectations broadly unchanged
Swiss National Bank expected to hold EUR/CHF floor following governor's resignation, but an increase from 1.20 might now be delayed
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
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
Citi proves trading mettle in tough year for spot
Citi picks up six awards this year and climbs into second position overall, having effectively navigated the volatility that resulted from intervention in the yen and the Swiss franc
UBS transformation in FX reaps rewards
UBS rises to third place in this year's rankings and picks up four awards, having expanded its FX capabilities in several key areas over the past year
Serving clients in the right way sets best banks apart
Winners of this year's Best Banks Awards have won recognition from their clients for providing innovation that meets their challenges in volatile market conditions
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
Getting it right on Swiss franc strength
Rabobank, Westpac and Bank of Montreal scoop the awards for their forecasts on USD/CHF, having correctly anticipated the impact of the Swiss franc's safe-haven status on its strength
Dollar weakness view lands Thomson Reuters on top
Thomson Reuters - IFR Markets took a view in November 2010 that GBP/USD would reach 1.6 and USD/CHF would reach 0.9 in a year's time, accurately reflecting spot rates last week
Exploring relative value
A rebound in risk assets in late October appears to have been short-lived and the foreign exchange market continues to be affected by lower-then-expected growth and a swinging pendulum between risk-on and risk-off. Callum Henderson argues relative value…
Spotlight on: Collin Crownover, SSgA
State Street Global Advisors’ head of currency management talks to Joel Clark about investor appetite for G-10 and emerging market currencies, and how his global team has managed the volatility and political uncertainty that has characterised the foreign…
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
Danske wins with forecast of Swiss franc strength
Danske Bank's contrarian view that the Swiss franc would strengthen against the dollar as a result of diverging monetary policy puts the Danish bank at the top of this week’s 12-month currency forecast rankings
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
Euro depreciation was inevitable, says TD Securities
TD Securities tops the 12-month forecast rankings with predictions of a negative outlook for the euro
No more lifelines for Greece
Following a chaotic series of last-ditch efforts by political leaders to put together a solution to the troubles in the eurozone, Nick Beecroft believes the only viable option left is to transfer cash from the core of Europe to the periphery, through the…
Prediction of yen stagnation puts UBS on top
Accurate view on USD/JPY lands Swiss bank at the top of the one-month forecast rankings