Some readers will be pleased to know that this is my last column before I take a summer break. You can also have a break from my constant haranguing and phone stalking as I nail the biggest stories in the FX market – which is also heading for its summer quiet period. Rest assured though that we are keeping a close eye on the market and any big stories will be posted here on the FiX.
Over the next three weeks, the FiX will be written by guest columnists. I have lined up Barclays Capital, CLS and the CME to provide their take on what is going in FX. The three companies all readily agreed to the task, which I thank them for.
Putting two and two together, they must all still be extremely busy, as none of them managed to get their copy to me by the agreed deadline, and although I shouldn’t grumble, I will anyway. I’m sure they all appreciate now how I feel when I ring them frantically and tell them I’m on a deadline.
Jonathan Butterfield, CLS Bank International: Plumbing Reaches The Oval Office
The increased focus on risk in the current climate means that settlement and operational risk has rapidly climbed up the agenda, arguably to an unprecedented level.
Andy Durrant, Director at CME Group: On Asian FX
There can be no ignoring the enormous potential that exists in Asia for FX businesses.
Of all the cross-market relationships, none is attracting as much attention as the EUR/USD-oil link right now.