Japanese Yen
4Cast cautious over Australian dollar
4Cast topped this week’s one-month currency forecast rankings by predicting that a risk-averse market would follow the dollar sell-off in July.
Trend the poorest-performing strategy for August
LONDON – Currency managers using the trend strategy ended August at a loss of -2.2% as risk aversion led to a move into safe-haven currencies, indicates research by Royal Bank of Scotland.
Westpac stays euro-bearish, dollar-bullish
Westpac topped the three-month rankings by maintaining a euro-bearish, dollar-bullish stance.
Currency managers embrace risk in July
STAMFORD, CT - The Parker FX index made a return of 0.54% in July, as currency markets ditched the dollar for riskier assets amid improving European news and weaker US economic data.
CBA on top as eurozone attempts to resolve debt crisis
Commonwealth Bank of Australia (CBA) topped the three-month forecast rankings with expectations for the euro to get a boost by some resolution of the eurozone sovereign debt crisis.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
RBS: Sterling set to shine
Royal Bank of Scotland (RBS) topped the 12-month currency forecast rankings and made a top-five appearance in the 12 month year-to-date index this week, with a strong conviction G-4 currencies would underperform.
Yield strategy delivers in July
LONDON - Currency managers using the yield strategy were the best performers in July, benefiting from improving European economic data and positive banking stress tests, shows research from Royal Bank of Scotland (RBS).
Thomson Reuters: Eurodollar rise will 'run out of steam'
Thomson Reuters - IFR topped the one-month currency forecast poll this week with expectations that the euro would bounce back from the European sovereign debt crisis.
EBS chases competition with decimalisation launch
NEW YORK - EBS's plans to offer decimalisation at the end of August could lead to a fall in market liquidity, caution traders.
2010 the year of the yen
Simon Smith, chief economist at retail trading company FxPro in London, says the yen will drive currency markets in the second half of the year
RBC: Low Fed rates boost yen
RBC Capital Markets (RBC) topped the three-month currency forecast rankings this week with a focus on euro crosses against the yen and Swiss franc.
RBC: Japanese limits on margin trading will weigh on Aussie/yen cross in August
Japanese plans to limit leverage on margin trading to a maximum of 50 times collateral in August could affect Australian dollar/yen cross rates.
Short volatility up in June
LONDON - Currency managers going short volatility would have been top performers in June, benefiting from European market stress, indicates research from Royal Bank of Scotland (RBS).
CMC: euro's loss is dollar's gain
CMC Markets (CMC) has topped the one-month and three-month currency forecast rankings with a euro-bearish, dollar-bullish stance
Standard Chartered: EM currencies will come out top in 2011
Standard Chartered topped the one-month currency forecast rankings on expectations for further euro hardship.
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.
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.
China draws on Japan experience
The message was clear at the FX Week China congress in Beijing last Tuesday, China will move on its currency, but at it’s own pace.
ETF Securities: Listed currency products in demand
LONDON – ETF Securities reported assets of $120 million in its currency-linked exchange-traded portfolio as of April 23, signalling increased demand for these products.
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.
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.
Traders position for yen weakness
LONDON - The close of the Japanese financial year sparked a flurry of activity at options desks last week, as speculators and hedgers bought USD/JPY calls with expectations for the yen to continue its losing streak versus the greenback.