FTFM
Resources
Principal content
Investors target zero sum game
The ‘passive’ FX market is seeing more opportunities to generate returns, although the proportion of profit seekers is declining
Overcoming an identity crisis
The evolution of FX to asset class in its own right is slow but ongoing
Carry traders at the ready
As optimism rises, the carry trade is likely to return as a dominant theme
Fix rates for growth, say activists
Forms of exchange rate control are back on the agenda and serious consideration is being given to the concept of taxation
Cash from carry not assured when risk is factored in
A diversified approach to currency investment can help to reduce the systematic risks associated with exposure to individual trading strategies
First steps towards clearing for FX
Worries about settlement and counterparty risk have led to plans for new post-trade mechanisms
Regional sector’s wild ride goes on
The dollar’s weakness has helped emerging market currency bulls, but experts caution against expecting more of the same
Mighty dollar turns a paler green
Watchers have begun to spot signs of central banks’ desire to diversify away from the dollar
Reverberations from volatility in the real economy
Hedge funds were the biggest drivers of growth in global foreign exchange markets from 2006 to 2007, but were responsible for a significant contraction at the end of 2008
Taking the sting out of fluctuation
Demand for passive ‘overlays’ has become greater as the value of currency hedging becomes more widely felt




