FX: Europe's Unresolved Crises

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   Safe-haven buying drove US bond yields to the lowest level since 1950, and the dollar rose as the tumultuous summer of 2011 drew to a close with no solution in ...

FX: Euro Rebounds As EFSF Expands

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The EU summit in July not only reached agreement on a second bailout program for Greece, but just as significantly, it gave the European Financial Stability Facility (EFSF) the ability to respond ...

Dim Sum Best Served At Low Rates

COVER STORY — RENMINBI RISING   By Michael Shari   Multinationals are positioning themselves to capture lucrative gains from the internationalization of China’s currency.   When McDonald’s became the first non-Chinese corporation that was allowed to issue a bond denominated ...

FX: Greek Contagion Risk On Euro

CORPORATE FINANCING NEWS / FOREIGN EXCHANGE by Gordon Platt The euro tumbled against the dollar, the yen and the Swiss franc in mid-June, as European finance ministers reached an impasse on a second Greek aid package and demonstrators clashed with ...

Fast Favorites

SPOTLIGHT: FOREIGN EXCHANGE TRADING   By Anita Hawser   Technology is enabling faster and more-flexible trading in foreign exchange—and helping drive the rapid rise in daily trading volume.   Erik Lehtis, president of Chicago-based Dynamic FX Consulting, has experienced firsthand ...

FX: Big Overseas Investments For China

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   China is planning major investments in foreign companies, including those in the US, in order to help turn its mountain of paper dollars and other currencies into hard assets and ...

FX: USD Weakens As Eurozone Rates Rise

CORPORATE FINANCING NEWS:FOREIGN EXCHANGE   By Gordon Platt   Dollar Weakens As Eurozone Rates Are First To Rise     Differing monetary policy reactions to the rise in oil prices are driving currency values at the moment, while gains in ...

FX: Fed Lags Europe In Inflation Fight

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt The dollar has been drifting lower this year on expectations that the Federal Reserve will lag behind other developed-market central banks in raising interest rates to fight inflation, analysts say. Currency Forecasts ...

FX: Concerns Linger After Currency War

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Matt Greco   Things may not look quite as bleak as they did a couple of months ago when there was talk—however irresponsible—of currency wars as trade war by other means, but international ...

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 ...