Volatile movement: Managing FX risk

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Central banks focus on reserves and currencies

Central banks have dropped their traditional low profile - becoming more proactive, accumulating large reserves and intervening actively to support their national currencies and interests. The composition of their reserves is also changing, with a number of central banks considering moves to reduce their exposure to the US dollar, reports Joanne Hart.

Corporates left at the sharp end of currency risk

Unprecedented volatility on the foreign exchange markets has dramatically increased the currency-related risks for corporates and has forced them to re-evaluate their strategies for hedging against sudden shifts. Banks and software suppliers are developing tools to help them address the situation, writes Frances Maguire.

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FX emerges as the big winner of the crisis

FX volumes have risen to new heights on the back of a huge increase in spot volumes and more activity from a broader range of players. But what the figures really tell us is that FX has matured as an asset class. Geraldine Lambe reports.