Once upon a time, the foreign exchange (FX) markets enjoyed a clear framework for trading and were seen as a reflection of the health of global economies. But as central bank programs of quantitative easing have been introduced, currency market trades are not so clear cut, according to analysts at HSBC.
Eric Viloria, Senior Currency Strategist, FOREX.COM believes Spain will likely ask for aid, but would want to gain maximum leverage on negotiations in order to not find itself in a disadvantageous position.
The world economy isn’t likely headed for a meltdown, but exposure to gold is still a good idea, noted commodities investor Dennis Gartman said Tuesday on CNBC.
With a key manufacturing report sending risk currencies higher, this strategist is on the lookout for more data surprises.
Callum Henderson, Global Head of FX Research at Standard Chartered says that while the ECB may not cut rates at its meeting on Thursday, it could do so by the end of the fourth quarter as euro zone problems linger.
Sean Callow, Senior Currency Strategist, Westpac Bank thinks that although the euro is trading at about 1.28 now, it could weaken to 1.20 to the greenback in 2013. This is because weakness in euro zone economies is likely to persist.
Jesper Koll, MD & Head of Japanese Equity Research, JPMorgan Securities Japan breaks down the BOJ's tankan survey. He thinks the increased capex figures have to do with firms upgrading their facilities to prepare for a natural disaster.
Jesper Koll, MD & Head of Japanese Equity Research, JPMorgan Securities Japan gives his assessment of the Japanese economy. He adds that it'll be interesting to see what the BOJ will decide to do when they meet this week.
David Forrester, Senior VP, G10 FX Strategy, Macquarie thinks any intervention will only impact the JPY temporarily. He also explains why he thinks the BOJ has been ineffective in generating inflation.
CNBC's Rick Santelli breaks down the latest numbers on consumer income and spending, and the impact on the markets, with CNBC's Steve Liesman.
Spain's crisis budget lifts the euro and the Japanese go shopping — it's time for your FX Fix.
Latest data from Japan paint a bleak outlook for an economy that started the year on a strong footing and suggest the cautious Bank of Japan (BOJ) may now have little option but to ease monetary policy again, analysts say.
CNBC's Rick Santelli breaks down the latest economic numbers on unemployment, durable goods and GDP, with CNBC's Steve Liesman.
Spain's sorrows dent the euro and Brazil cuts its growth forecast — it's time for your FX Fix.
Fear has crept into the foreign exchange markets: fear of central banks. Currency traders are rapidly shifting assets to countries seen as less likely to try to weaken their currencies, amid concern that the fresh round of U.S. monetary easing could trigger another clash in the “currency wars”, the FT reports.
Kathy Lien, Managing Director, BK Asset Management says investors are keenly awaiting for a decision from Spain on whether it will seek a bailout. Lien thinks there's more scope for further downside in EUR/USD.
Options market signals flash and investors seek comfort in the dollar and yen — it's time for your FX Fix.
The message from this week’s sell off in global stock markets could not be clearer: the summer time rally, fuelled by optimism over central bank stimulus measures, is now over and it’s time to brace for a period of renewed volatility and uncertainty, analysts say.
Investors know what they want, and it isn't the G4 currencies.
A reported German challenge to European bond-buying dents the euro and commodity prices hit the Aussie - it's time for your FX Fix.