The survey was taken at Bloomberg's FX11 Summit, among 150 portfolio managers and FX traders and executives.
Among the other poll findings, 46% of respondents say the costs of increased market regulation would outweigh the benefits. And 40% think the global introduction of clearing and repositories in the FX market would fragment market risk.
The Bloomberg FX11 Survey's respondents also say compliance with central counterparty clearing and reporting would be more likely to fragment risk to a greater extent. They add that global policy-makers will have a difficult time managing a slow growth environment amid inflationary pressure.
Some 65% of those polled say the US will not launch an all-out third round of quantitative easing, while 68% of those polled agree that the Chinese renminbi will become a reserve currency. Nearly a third say they expect this to happen within five to 10 years.
Tod Van Name, global head of Bloomberg's FX business, says: “As the foreign-exchange market adjusts to shifting economic conditions, it now faces unprecedented uncertainties regarding looming regulation.
“We designed the Bloomberg FX11 Summit as a conduit for conversations among industry leaders to share concerns, exchange information and develop solutions to key issues... These survey responses paint an accurate picture of how the global FX community sees the market today.”
Van Name told EuromoneyFXNews: "We had a very good response from the market for our first FX summit in London. It was a good opportunity to bring senior players together to talk about important issues. Snap polls at events like this are a very good way to take the pulse of the market."