Why FX is an underappreciated asset class
Foreign exchange is a powerful diversifier that goes overlooked by most wealth managers, according to EGA’s Jonathan Dagg
Fx
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Six views on contagion risks from Turkey
Investors weigh in on potential spillover effects from the fall in the Turkish lira
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Eight fund managers on the next turn for the US dollar
As the US Federal Reserve leads the developed world on hiking rates, fund managers weigh in on whether the greenback’s strength will continue – upsetting emerging markets along the way – or if structural elements in the US economy provide reasons to be bearish.
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BNP Paribas settles FX issue with Fed for $246m
BNP Paribas has agreed a $246m (£189m) settlement with the US Federal Reserve Board over misconduct in its foreign exchange (FX) business between 2007 and 2013.
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HSBC FX trader released on bail
HSBC’s head of FX and commodities for the Americas has been released on a $1m bail following his arrest by FBI agents at JFK airport on Tuesday for “front-running”.
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Peruvian local currency bonds is where it’s at
At a time when many commodity exporters in Latin America are struggling, Peru is a local currency bond story that has both FX and political policy moves going for it.
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Brown Shipley recruits deputy CIO and private client director
Brown Shipley has broadened its roster with the addition of a deputy chief investment officer and a private client director.
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Caution lingers following PBoC’s FX reserves disclosure
China-related mayhem appears to be the dish of the day, with a fresh serving of troubling data weighing on the minds of investors.
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Distinguishing currency plays from crowded consensus trades
Investors are still positioned in the winning trades of 2014, says Neuberger Berman’s Ugo Lancioni, but the case for those trades is now far from obvious.
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FX market about to hot up
According to Neil Staines, the ECB measures announced last week were a trigger point in FX markets and significant movement in FX should be expected.
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Banking on swerving another FX scandal
While Mark Carney was being quizzed by MPs over the Bank of England’s responsibilities in cases against manipulation of FX markets, the FCA was busy announcing its latest recruit a new head of investment banking.
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Bernanke signals dollar weakness ahead
Jerome Booth argues that the large dollar reserves built up by emerging market central banks means the fate of heavily-indebted developed countries' currencies rests in their own hands.