Row 1 - Latest/Ad/FXSurvey/Surveys/Ad

As the industry digests the results of the latest BIS triennial FX survey, Euromoney canvasses opinion on the implications of the key findings.

Market experts fear that continued inflation and poor growth mean that many currencies are vulnerable to the pressure that the UK has seen recently.

Asia’s central banks have fought hard to protect the value of their currencies this year as the dollar has soared. But each of them has a limit to their appetite for that defence.

The weakness of the pound and strength of the dollar has implications for companies on both sides of the Atlantic.

The market for remittances is expected to grow by almost 10% in 2022, driven by diaspora-linked savings.

Recent volatility has encouraged many corporates to switch out of longer tenor instruments.

In public at least, the Bank of England has been determined to end its gilts intervention when it said it would, but it’s getting harder for the BoE to manage its conflicts – and the market doesn’t know what to believe any more.

While the UK government remains unwilling to make notable concessions on its economic policies, the Bank of England will struggle to restore confidence in the embattled pound.

Kwasi Kwarteng’s debt-funded tax giveaway has re-priced UK risk at a stroke, but the high cost may bring scarce benefit.

The recent multi-decade lows experienced by the pound and the yen may have different origins, but they are also a reminder that history has a habit of repeating itself.

Removing UK bonus caps and undermining the BoE could exacerbate a sterling crisis while entrenching US IB dominance.

Europe and the US remain the focus, but LatAm and Asia Pacific will also contribute to volatility in 2022.

The strength of the Australian economy is not enough to convince analysts it is a good time to increase AUD exposure.

Holders of cryptocurrency pay a heavy price for greater privacy.

UK policymakers are trapped between reducing inflation and boosting the flagging economy.

Progress on implementing the proposed minimum global tax rate may be uneven, but it will have implications for all.

China’s support for Russia is part of its strategy to reduce the world’s dependence on the greenback – might it work?

Despite some notable challenges, Latin American currencies could continue to surprise in the second half of the year.

Patchy inter-company loan administration could leave corporates exposed to breaches of transfer pricing guidance.

Markets are trading interest-rate expectations over actual rate decisions – proving the power of market sentiment.

Digitalizing and automating its FX risk management has notably improved a pharma's treasury function.

FX analysts have diverging views on the prospects for the euro over the coming months, after a bank research warning.

European corporates saw losses from currency volatility fall late last year, so hedging has stayed largely unchanged.

The currency’s fairly benign passage through the early months of 2022 is now under threat from a variety of factors, including spiralling inflation, the cost of supporting the currency and even a growing interest in cryptocurrency.