Foreign exchange debate: Learn more about the panelists
Euromoney FX debate videos
| EXECUTIVE SUMMARY • The difficulties faced by the EU in dealing with eurozone countries’ problems are intractable and FX market participants are concerned about this • The central banks of most countries have limited ability to intervene successfully in the FX markets • Regulators’ attempts to pull all trading on to exchanges are misguided when it comes to FX markets and there are limited opportunities to educate them on this • Regulatory pressure for transparency is not necessarily a good thing: transparency does not necessarily breed market stability |
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JK, Amundi The most important thing in the economic background to the foreign exchange market is that the Federal Reserve has started quantitative easing. It’s a very important signal because there’s not much that the bond market can continue to do to help in easing monetary conditions in the domestic US economy.