The foreign exchange (FX) swap market ought to be both transparent and well regulated. It is neither.
Why are publicly traded companies so often blindsided by FX volatility?
As the FX market grows and evolves, more needs to be done to improve its functioning and integrity.
A reduction of the ECB's balance sheet and a serious effort to achieve positive real interest rates will be key to ensuring a turnaround in the fortunes of the EUR/USD.
Mark Harrison, CFA, provides a list of the most popular write-ups from CFA Institute conference presentations in 2016.
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