Foreign Exchange

THE NEED FOR SPEED   The foreign exchange market is growing—and operating—at lightning speed. Global Finance selects the leaders of the world's biggest financial market.   By Gordon Platt   The best banks in the foreign exchange market performed well ...

Dollar’s Recovery Linked To Timing Of Fed Rate Hike   By Gordon Platt   Foreign exchange market analysts expect the dollar to turn higher sometime in 2010, but whether the turning point comes early or late in the year could ...

Global Finance names the World’s Best Foreign Exchange Providers 2010 NEW YORK, November 17, 2009 – Global Finance magazine has named the “Best Foreign Exchange Banks and Providers” by country, region and category in an exclusive survey to be published ...

Swaps   Foreign exchange swaps appear to be about to emerge unscathed from the flurry of new regulation prompted by the recent financial turmoil.   By Gordon Platt   Chair of the House Financial Services Committee, Barney Frank, released a ...

Who’s Who   ILYA SOROKIN president and CEO ActForex Ilya Sorokin is president and CEO of ActForex, a New York-based provider of retail foreign exchange trading platforms. The firm’s Internet Currency Trading System (ICTS) has the ability to accommodate various ...

Managing Volatility   Accurately predicting currency movements can make the difference between profit and loss for a multinational. Fortunately, help is at hand.   By Gordon Platt   Finance ministers and central bankers have a habit of substituting “volatility” for ...

Bernanke Heads Off Big Attack On Dollar With Rate-Hike Talk By Gordon Platt The dollar has lost 12% against a basket of currencies since President Barack Obama took office in January, but selling of the greenback has been orderly, and ...

Gordon Platt Contributing Writer gplatt@gfmag.com   Conspiracy theories abound about the so-called demise of the dollar. When all is said and done, however, the dollar no doubt will remain widely held by central banks and citizens of the world, and ...

Mexico   By Antonio Guerrero   LFC workers protest against Calderón’s actions When Mexican president Felipe Calderón decided in October that the staterun LFC electrical utility had sapped resources for too long, to the tune of $3 billion in annual ...

Spread Betting   Spread betting is becoming an increasingly popular form of FX trading. Its proponents are hoping it will grow as a risk management tool, too.   By Anita Hawser   Its initial popularity—and notoriety—may have been among sports ...

Global Anita Hawser Hillier-Brook: Currency already has potential users The campaign to depose the dollar as the global reserve currency has grown significantly stronger with the publication of a United Nations Conference on Trade and Development (UNCTAD) report outlining the ...

Foreign Exchange   By Gordon Platt   As the global economic recovery gathers pace, the dollar is being undermined by the improvement in investors’ risk appetite. As US and other global investors seek higher returns in emerging markets and commodities, ...

Foreign Exchange   By Gordon Platt   Calls for a super-sovereign reserve currency to replace the dollar are going nowhere fast. The Teflon dollar is brushing off everything thrown at it by the BRIC countries (Brazil, Russia, India and China), ...

Foreign Exchange   BY GORDON PLATT   Signs that the US economy is bottoming out and hopes that the Federal Reserve will deftly handle the transition to a less accommodative monetary policy are boosting the dollar, analysts say. They say ...

Good News for the Global EconomyTranslates Into Bad News For Dollar   Improvement in the global economic outlook spells trouble for the dollar, which is losing its allure as a safe haven amid growing concern about ballooning US government debt.   BY ...

Changyou.com is an online game developer and operator based in China that says it is committed to providing high-quality entertainment and virtual communities, and investors clearly want to play along. The company raised $128 million of real money last month ...

The real liquidity crisis in the Middle East, as well as in parts of Asia and Africa, is the shortage of water, according to a report by Standard Chartered Bank. Consumption of fresh water must be strictly limited to the ...

WORRIES ABOUT FUNDING DEFICITS COME TO FORE     Deficit financing has replaced interest rates as the driving force in the currency markets, analysts say. As short-term rates converge toward zero, their influence on currency values is dissipating and the ...

FOREIGN EXCHANGE       The US dollar index, a measure of the value of the dollar against a basket of currencies, rose to a three-year high in March, as investors continued to seek the safe haven of US treasury ...