Foreign Exchange

DOLLAR’S RISE SLOWS AS DEBT PANIC IN EUROPE EASES By Gordon Platt The ability of Greece to raise significant funds in the bond market helped to calm investors’ nerves over the sovereign debt crisis in Europe last month, providing some ...

  MIDDLE EAST: ECONOMY   Government spending will keep the Middle East’s economic recovery on track in 2010.   By Gordon Platt     The Middle East rode out the global recession better than the major industrialized economies, and the ...

Dollar’s Recovery Unlikely To Last Past First Quarter By Gordon Platt The dollar could extend its recovery through the first quarter of 2010, as the Federal Reserve terminates some of its special lending facilities, analysts say, but the greenback’s long-term ...

The Dollar’s Decline   A weak dollar may be beneficial to the US in the short term, but it is undermining the dollar’s long-term status as the de facto global currency.   By Laurence Neville   One of the rocks ...

Corporate Finance Focus Foreign Exchange Prime Brokerage Adapts To Changed Landscape In Post-Crisis World By Gordon Platt Before the global financial crisis hit, prime brokerage had become one of the fastestgrowing products in the foreign exchange market. The service enables ...

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 ...