FX: Dollar Still Main Reserve Currency

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Denise Bedell   Contrary to some analysts' expectations, developing countries continue to view the US dollar as the reserve currency of choice, as evidenced by newly allocated official reserves of developing countries—even in ...

World’s Best FX Providers 2011

ANNUAL SURVEY: UNCERTAINTY BREEDS CURRENCY VOLATILITY   By Gordon Platt   Global Finance selects the leaders in the world's biggest financial market, where trading averages $4 trillion a day.   Europe's sovereign debt crisis, China's monetary tightening and the Federal ...

FX: Dollar Recovers As US Yields Rise

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The tax deal reached between President Obama and the opposition Republican Party could boost US economic growth to around 3% in 2011, economists forecast. The improved economic outlook and rising bond yields ...

Fed Pulls Rug Out From Under Dollar

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   Although the Federal Reserve's main focus is not the dollar, which is the purview of the US Treasury Department, it had to know that its $600 billion asset- purchase plan ...

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS 2011

NEW YORK, November 22, 2010 – Global Finance magazine has named the "Best Foreign Exchange Banks and Providers" by country, region and category in an exclusive survey to be published in the January 2011 issue. Deutsche Bank was named as ...

FX: Renminbi Rising

China's trade deficit with the US rose to another record in August, fanning the brush fires that have broken out in the currency markets. Currency issues dominated talks at the annual meetings of the International Monetary Fund and World Bank ...

FX: Who's who

WHO'S WHO   By Gordon Platt   Key players in foreign exchange.   Jamie Thorsen Executive managing director BMO Capital Markets Jamie Thorsen heads global foreign exchange operations in Canada, the US and Europe for BMO Capital Markets and oversees ...

FX: Currency Conflict Is Not A War

CORPORATE FINANCING NEWS - FOREIGN EXCHANGE   By Gordon Platt   Brazil's finance minister, Guido Mantega, touched a raw nerve when he stated in late September that an international currency war had broken out. It may seem like a war ...