The Great Debate UK

Don’t Mention the War!

February 18, 2013

–Laurence Copeland is a professor of finance at Cardiff University Business School. The opinions expressed are his own.–

Is there such a thing as a real safe haven?

August 5, 2011

By Kathleen Brooks. The opinions expressed are her own.

There are traditional relationships that the financial markets respect. For example, when the markets are tanking the world wants to own safe havens like the yen, the Swiss franc, U.S. debt and gold. If volatility spikes investors go into auto-mode and are almost pre-programmed to purchase these asset classes.

Monetary policy: QE2 or the Titanic?

October 1, 2010

“Those whom the gods would destroy, they first drive mad.” – the words of a wise Roman thinker (or was it a Greek central banker?). At any rate, the gods certainly seem to have no benevolent intentions with regard to this country, judging by the statements coming from the Bank of England, in particular the calls for another round of quantitative easing from one member of the Monetary Policy Committee and the cry of “Spend, spend, spend” from another.

from The Great Debate:

Speculators and China win big on yen move

By J Saft
September 15, 2010

What does $4 trillion a day in business, never sleeps and sees Japan's Ministry of Finance as just one more patsy?

from Breakingviews:

Strong yen is not Japan’s main problem

August 30, 2010

You wouldn't know it to hear officials talk, but the strong yen is not Japan's main problem. The Bank of Japan's latest moves on Monday didn't weaken the currency -- though that is one broad objective of fiscal and monetary stimulus. In any case, the trade-weighted yen is weaker than its real 1990-2010 average and Japanese exports are still rising. Export lobbies may have the government's ear, but intervention could make Japan's domestic predicament worse.

Japanese fiscal management dragged into the spotlight

February 26, 2010

foley-Jane Foley is research director at Forex.com. The opinions expressed are her own.-

Development of the risk trade

December 17, 2009

JaneFoley.JPG

- Jane Foley is research director at Forex.com. The opinions expressed are her own.-

from The Great Debate:

Global rebalancing to weaken dollar, quietly

September 24, 2009

-- Neal Kimberley is an FX market analyst for Reuters. The opinions expressed are his own --forex

from The Great Debate:

Don’t cry for the dollar, yet

September 18, 2009

agnes1-- Agnes T. Crane is a Reuters columnist. The views expressed are her own --

It looks bad for the dollar, but looks can be deceiving.

Its sharp decline in the last week has pushed the euro to its highest level in a year and reignited fears that there's only one place for the dollar to go, and that's down.