Foreign Exchange
all page content
all page content
Main body page content
LATEST ARTICLES
-
Patchy inter-company loan administration could leave corporates exposed to breaches of transfer pricing guidance.
-
The results of this year’s Euromoney FX survey highlight the value of long-term strategic investment in forex.
-
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.
-
With the US Federal Reserve apparently keen to step up the pace of interest-rate rises over the coming months, it is not just emerging market currencies that are expected to suffer.
-
Rate increases in major economies away from the US, as central banks battle spiralling inflation, have weakened the momentum the dollar might otherwise have garnered from a hawkish Fed.
-
A number of commodity currencies have received an unexpected boost from the conflict in Ukraine as Western economies look to reduce their dependence on fossil fuels from Russia more rapidly than previously planned.
-
A combination of geographical position and commodity strength is working in the country’s favour.
-
When a group of leading banks were unable to source the roubles needed to deliver in settlement of FX swaps, compression trades saved the day. The episode serves to highlight how fragile very large, complex and interconnected financial markets have become.
-
China’s approach to central bank digital currency offers clues to how it may build a unique version of decentralized finance.
-
Despite China’s ambitious plans for its digital currency, the e-yuan will struggle to become a lead player in international trade finance without notable changes, most importantly to capital controls.
-
With little chance of a swift resolution to the conflict in Ukraine, the effect on FX markets is being felt well beyond the bounds of the former Soviet Union. But not all reactions have been typical for a crisis.
-
Chinese policymakers may have become more relaxed about fluctuations in the yuan, but no one should doubt their willingness to intervene if the currency moves too far in either direction.
-
After a generation of low inflation, rising consumer and business costs have leapt to the top of the list of factors influencing FX pricing.
-
Analysts are keeping a close eye on regional as well as US monetary policy as they attempt to plot a course for the currencies of the countries that form the Association of Southeast Asian Nations.
-
Many observers remain unconvinced about the Scottish government’s official currency if the country were ever to gain independence.
-
Turkey’s currency continues to flounder, with hardline president Erdoğan apparently determined to prove that the best way to curb inflation is to reduce – rather than increase – interest rates.
-
Rebooting the financial system with a new currency could be what’s needed to give Argentina’s economy a way forward.
-
The Japanese currency continues to slide as traders anticipate interest-rate movement in the US, but even the Fed's hawkish tilt does not guarantee that this direction of travel will be sustained.
-
As COP26 winds up, Euromoney looks at how a big reduction in fossil-fuel consumption might impact the currencies of the world’s leading coal and oil exporters.
-
Foreign exchange forwards do not fall within the scope of uncleared margin rules, but that does not mean those rules have no effect on the FX business. Firms are having to consider the pros and cons of switching to cleared trades to avoid being impacted.
-
Increased intracontinental trade in Africa is a laudable objective, but may serve to highlight disparities in exchange-rate regimes that could further widen the gap between winners and losers.
-
Increased trading of emerging market FX has prompted settlement provider CLS and some of the world’s largest banks to explore options for extending payment-versus-payment to a wider range of currencies.
-
China’s qualified domestic limited partnership scheme, which lets foreign asset managers raise money onshore in renminbi to invest offshore, is taking shape – but it is complex. Euromoney has some tips designed to stop you wasting time and money.
-
Buoyed by the surge in retail trading during the past 18 months, Global Kapital Group is targeting expansion beyond its established FX brokerage business.
-
Social media celebrities and financial markets might seem like strange bedfellows, but there is nothing phony about the growth of retail FX trading.
-
The European Banking Authority’s public consultation on guidelines for compliance officers once again highlights the vital role played by FX brokerage compliance teams in combatting financial crime.