Foreign Exchange

CORPORATE FINANCING NEWS By Gordon Platt The Japanese yen and the dollar rode an updraft in recent weeks caused by a flight to safety amid the emerging markets crisis. Meanwhile, the euro also was strengthened by the European Central Bank, ...

CORPORATE FINANCING NEWS   By Gordon Platt   Central bank policies in the major economies will likely be the main guide for currency exchange rates this year, analysts say. Janet Yellen’s confirmation as the new head of the Federal Reserve ...

ANNUAL SURVEY — STABILITY AMID CHANGE   By Gordon Platt   A global investigation into trading irregularities has not hampered growth or innovation in one of the world’s largest and most volatile markets—foreign exchange.   The $5.3 trillion-a-day foreign exchange ...

CORPORATE FINANCING NEWS   By Gordon Platt   Despite the euro’s surprisingly strong showing in 2013, analysts expect the dollar to advance against most major currencies this year. The euro won’t be allowed to continue to appreciate, or it will ...

Doing Business: Who Improved The Most In 2012/13 “In 2012/13, 29 economies implemented three or more reforms improving their business regulatory systems as measured by Doing Business. Ten stand out as having narrowed the distance to frontier the most. Together, ...

CORPORATE FINANCING NEWS   The outlook for the euro has worsened, following a slowdown in inflation in the eurozone to the lowest level in nearly four years. The European Central Bank cut its benchmark rate to a record low of ...

EMERGING STATUS By Gordon Platt Emerging markets currencies are beginning to get some respect from central banks. The Federal Reserve’s decision to delay tapering its monetary stimulus has provided a temporary boost to emerging markets currencies and financial markets. And ...

RENMINBI RUCKUS   By Gordon Platt   London and Paris are vying to become Europe’s renminbi trading hub.   Paris is challenging London, the leading center of foreign exchange trading globally, to be the hub of renminbi trading in Europe. ...

VOLATILE TIMES: GETTING A GRIP ON RISK By Rob Daly Corporate treasurers now have ever-more-sophisticated tools to help get a handle on currency exposures and manage increasingly volatile FX market risk. “It has been interesting times for currency exchange rates,” ...

Global Finance’s annual list of the most important players in forex. By Gordon Platt BMO Capital Markets CJ Gavsie Managing director and global head of foreign exchange products and China capital markets Gavsie is responsible for BMO’s global foreign exchange ...

The foreign exchange market, the largest asset class in the world, is continuing to grow and evolve. Globally, FX trading averaged $5.3 trillion a day in April 2013, up from $4 trillion per day in April 2010 and $3.3 trillion ...

CORPORATE FINANCING NEWS   By Gordon Platt   A cyclical economic recovery is under way in the UK and the eurozone, but it won’t be strong enough to boost the euro against the dollar, analysts say.   They expect the ...

MILESTONES   By Thomas Clouse   Cambodia’s prime minster Hun Sen and his Cambodian Peoples’ Party will remain in power, following a closely contested and controversial election on July 28. According to preliminary results, the CPP won 68 of 123 ...

CORPORATE FINANCING NEWS   By Gordon Platt   The Federal Reserve is expected to gradually cut back on its bond purchases, becoming the first of the major central banks to do so. The divergence in US monetary policy from those ...

AT HAVEN’S END? Multinational corporations could have a much more difficult time shifting profits to low-tax jurisdictions—and deductions to high-tax ones—under new OECD rules. When Apple CEO Tim Cook testified in defense of the computer giant’s tax practices on Capitol ...

REVEALING INNOVATION   By Rebecca Brace   A number of new technology solutions building a presence, thanks to SWIFT’s annual start-up challenge, hold the promise of making life easier in corporate treasury and financial management.   There are plenty of ...

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE By Gordon Platt   Volatility has returned to the currency markets, as participants weigh the likelihood that the Federal Reserve could dial back on its purchases of bonds if the US economy improves.   A relatively ...

BRIGHT STARS   By Thomas Clouse, Jonathan Gregson, Antonio Guerrero & Gordon Platt   Following a year that included some of the biggest scandals in banking history—the London Whale, the Libor rate-fixing scandal, widespread money laundering, insider trading, rogue trading and ...

CORPORATE FINANCING NEWS: FOREIGN EXCHANGE   By Gordon Platt   The euro slumped to a four-month low in the aftermath of the bailout of Cyprus, as market participants worried about the implications for other countries on the periphery of the eurozone. ...