Tag: fx voice

A rare week of good news has convinced some FX strategists to revise their forecasts, but it still makes sense to short the yuan while being prepared for moves in sterling and the US dollar

The People’s Bank of China (PBoC) set its reference rate for the renminbi against the US dollar at a five-year low of Rmb6.5693. CT asks experts how this will impact global markets, corporates and working capital.

The US Federal Reserve’s chair Janet Yellen indicated the US will not raise rates or end bond buying for about six months. Will this clarity help Asia’s major economies?

Is Thailand’s currency appropriately valued considering the huge upheaval in the country in recent months? CT asks the experts.

The renminbi reached a low of 6.16 against the US dollar recently. But why now and what can treasurers do about it?

China recently relaxed rules making it easier for financial institutions to offer currency swaps and forwards to corporates. Should companies expect greater yuan volatility and how easy is it for a Chinese company to mitigate FX risk? CT asks the experts.

Asian nations built stockpiles of foreign reserves during 2013. Will increased FX reserve holdings help against expected volatility and which countries are prepared? CT asks the experts.

The Thai currency has been dented by a flurry of baht selling from offshore funds and onshore investors concerned about continuing anti-government protests.

China’s central bank said it will “basically” end normal intervention in the currency market and broaden the renminbi’s daily trading limit, but no time frame was given. How soon can this happen and what are the implications to the renminbi? CT asks the experts

The Indian rupee shows signs of stabilising against the US dollar in October. What are the primary reasons for this and is it likely to be sustainable? CT asks the experts.

The UK and China have agreed to establish direct conversion of the pound and renminbi, while the euro and renminbi may not be far off. In terms of trade settlement, what is the potential impact of this development? CT asks the experts.

Political brinkmanship in the US has already caused the dollar to wobble. While most believe the debt ceiling will be lifted, should this consistent dysfunction raise doubts over the long-term position of the US dollar as a reserve currency? CT asks the experts.