Posts Tagged ‘foreign-exchange’

Low Rate Environment Creating Boring FX Market

by Christopher Lemieuxon June 27, 2014 8:03 pm BST
The largest central banks have conducted experimental monetary policy in the wake of the financial crisis and the slower than expected rebound in economic growth. In part, the ultra-low interest rate environment conducted by central banks to try to stimulate growth, but it is creating a boring forex market. Various forex volatility gauges have hit […]

Centralized Prices in FX Would Benefit Investors Said Hedge Fund

by Christopher Lemieuxon June 23, 2014 5:20 pm BST
According to hedge fund titan Citadel, foreign-exchange investors would benefit from a centralized pricing strategy similar to what is used in equity markets. According to Citadel’s head of execution services, Jamil Nazarali, “it would facilitate the price-discovery process.” Nazarali said by doing so, the foreign exchange markets would be more competitive and more beneficial to […]

BoE Still Faces FX Scrutiny; Can Carney Dissolve Hostility?

by Christopher Lemieuxon March 9, 2014 2:53 pm BST
It has come to light that the Bank of England (BoE) knew to some degree about manipulation in the foreign-exchange markets by the largest financial institutions in the world. Two BoE officials, including the central bank’s chief FX dealer, have been alleged to condone these unsavory practices, including order front-running to reduce risk, by traders […]

Renminbi Hits 20-Year High as PBOC Looks to End Intervention

by Christopher Lemieuxon January 13, 2014 7:58 am BST
The Chinese renminbi, or yuan, hit a 20-year high after the People’s Bank of China (PBOC) raised the daily reference rate, strengthening the daily fixing rate by .1 percent to 6.0950 per dollar. The yuan’s appreciation came after China reported a trade balance that expanded in December, creating a $25.6 billion surplus and on the poorer than […]