European Central Bank (ECB)
Central banks take aim at dollar-funding shortage
Co-ordinated action from five central banks eases the pressure on dollar funding for European banks, but EUR/USD cross-currency basis swap market remains under stress
Options traders sense SNB running out of steam
Options traders are betting on further appreciation of the Swiss franc, following comments from the Swiss economy minister that Switzerland will have to put up with a strong currency
Trading like it’s 2008
Foreign exchange markets in 2011 continue to show parallels to 2008, but the economy is unlikely to slip back into recession and Asian currencies look set to benefit from broad-based US dollar selling. Callum Henderson looks at the key similarities…
FX Invest: US dollar's time as world's reserve currency draws to a close
With the European sovereign debt crisis grabbing headlines, markets might be forgiven for overlooking the nearing end of a second round of quantitative easing in the US. Debate over its success raises deeper questions about the role of the US dollar as…
AUDIO: Is the European Monetary Union bound to fail?
Nick Beecroft, senior markets consultant at Saxo Bank in London, looks at the key developments in the unfolding sovereign debt crisis and the political will of the Union's architects.
Central banks in 'uncharted waters', Lamfalussy tells ACI Congress
Former BIS chief recognises challenges facing central banks, but praises the ECB for its performance during the financial crisis
Scotia Capital wins after calling time on euro appreciation
Canadian bank predicted ECB rate hike would halt the upward trend of the euro against the dollar and the yen
Audio: To QE or not to QE, is the only question?
Markets could be sleepwalking into global crisis 2.0 as a third round of quantitative easing becomes increasingly likely, cautions Nick Beecroft, senior markets consultant at Saxo Bank in London.
Spotlight on: Thanos Papasavvas, Investec Asset Management
The head of currency management at Investec Asset Management talks to Joel Clark about the firm’s focus on institutional investors and its expectations for the euro, emerging market currencies and the yen
The euro: weathering the perfect storm
Fiscal concerns continue to haunt peripheral European countries and the wider eurozone, but the euro has strengthened against major currencies in the first four months of the year and economists no longer question the currency’s future. Nikki Marmery…
Dovish Fed statement heightens dollar bearishness
April 27 FOMC statement confirms QE2 will end in June and interest rates will remain low for an extended period
Speculation surrounds FOMC meeting for clues on possible dollar rally
First-ever FOMC press conference on April 27 could give market some indication of the impact of the end of QE2 and the possible timing of rate hikes, strategists hope
UBS adopts flexible approach to euro forecasts
Swiss bank adjusted forecasts during eurozone sovereign debt crisis to put it at the top of 12-month historical index
CIBC euro view based on expected ECB rate hike
The Canadian bank expects EUR/USD will fall back to 1.37 following ECB action as FX markets await outcome of Fed meeting at the end of April
Dollar weakness will continue, warns Barclays Capital
UK bank predicts eurodollar will rise over the next month as current trends continue
Audio: ECB and BOJ face crisis
Nick Beecroft, senior markets consultant at Saxo Bank, discusses the challenges facing the European Central Bank and the Bank of Japan
FX Invest Europe: Renminbi could overtake euro as alternative reserve currency
Panellists discuss the US dollar as the unquestioned reserve currency
Thomson Reuters: further dollar weakness ahead
Thomson Reuters – IFR topped this week’s one-month currency forecast rankings with expectations the US dollar would weaken in the first weeks of 2011.
Sterling: A story of two halves
After a turbulent 2010, sterling will be bolstered by economic outperformance in the first half of next year, but its fortunes might be reversed in the second half, writes Michael Hart, director of FX strategy at Roubini Global Economics in London
Trichet matters: The impact of ECB moves
Analysts at BNP Paribas review the impact of the ECB's efforts to support bond markets
CCP turf war simmers as OTC regulations head to the European Parliament
LCH.Clearnet could be prevented from clearing euro swaps under central bank liquidity proposals being pushed by some European regulators
The euro: Thinking the unthinkable (again)
Simon Derrick, chief FX strategist at the Bank of New York Mellon, revisits the idea of opting out of the euro