Foreign Exchange

Foreign Exchange         CURRENCY FORECASTS         Latin America has experienced its share of currency crises in recent decades, but for the past few years the region’s currencies have continued to go from strength to ...

FOREIGN EXCHANGE Analysts are beginning to watch for signs of a solid bottom for the dollar, following its long-term decline since September 2000. The dollar’s multi-year decline is nearing an end, and the greenback already may have hit bottom against ...

Foreign Exchange With the US economy nearing a recession, if it hasn’t already entered one, the Federal Reserve will continue cutting interest rates in the months ahead, likely leading to further losses in the already beat-up dollar, analysts say. The ...

ANNUAL SURVEY/ BEST FX BANKS         The 54 central banks and monetary authorities that took a measure of the foreign exchange market last year under the auspices of the Bank for International Settlements discovered an unprecedented rise ...

CORPORATE FINANCING FOCUS     The shifting sands in the foreign exchange market in 2007 undermined the dollar to the extent that China openly weighed what its state media refer to as the “nuclear option” of dropping its vast holdings ...

FOREIGN EXCHANGE Interest rate differentials are squeezing the last bit of life out of the dollar amid ongoing concerns about the health of the US financial system, analysts say.     The dollar fell to a record low against the ...

CORPORATE FINANCING NEWS  / FOREIGN EXCHANGE     The dollar tumbled to a record low against a basket of leading currencies known as the dollar index at the end of September and likely will fall further, but no dollar crisis ...

CANADA/UNITED STATES Piling up: The loonie posts record gains against the US dollar. Record prices for Canadian commodities have combined with a surge in foreign investment, robust job growth and the US Federal Reserve’s recent interest rate cut to send ...

CORPORATE FINANCING NEWS / FOREIGN EXCHANGE     As risk appetite returns to the global markets, the dollar could lose what little support it has gained from its role as a safe-haven currency during the recent period of turbulence, analysts ...

Foreign exchange / corporate financing news     The dollar fell to a 15-year low against a basket of currencies in early August as the level of the federal funds futures contract forecast a cut in US interest rates before ...

Foreign exchange     Prospects for a Federal Reserve interest rate cut later this year have given way to worries that the Fed’s tightening cycle may not be over. With the outlook for monetary policy playing a large part in ...

FOREIGN EXCHANGE     The dollar fell to a record low against the euro last month and a 25-year low against the British pound following news that US economic growth in the first quarter was the weakest in four years. ...

Despite four years of steady decline, the potential for the dollar to crumble is as great as ever. October 19, 1987, was the worst day ever on Wall Street, at least in terms of market losses. The Dow Jones industrial ...

After a decade of tumultuous upheavals in the 1990s, the currency markets in the 21st century have been remarkably calm. They might not stay that way for long. If there is a single decade when currencies and foreign exchange were ...

Global Finance selects the leaders in the world’s biggest financial market. With an estimated $3 trillion changing hands on a daily basis, the foreign exchange market is by far the biggest market in the world. Cross-border capital and trade flows ...

Automated trading systems are helping fuel dramatic growth in the already-huge foreign exchange market. The growth of the foreign exchange market over the past two decades has been astonishing by almost any measure. When the Bank for International Settlements, based ...

THE AMERICAS The US administration’s assertion that its dollar policy remains unchanged did little to clarify exactly what that policy is, analysts say. President Bush’s comments in early June that the dollar was devalued inappropriately and that the administration’s policy ...