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Brown Brothers Harriman is a global FX provider with 24 hour trading in New York headquarters and expert local Relationship Management teams in New York, London, Tokyo, and Hong Kong, BBH provides clients consistent and seamless FX trading coverage to ensure products of high quality and utility.

Markets

Spain has replaced Greece and Portugal as the chief source of market anxiety

BBH FX Strategy Team Apr 16, 2012

Rising tensions in Europe continues to be a dominant force in the foreign exchange market, with the euro briefly dipping below the $1.30 level for the first time since mid-February.

Markets

Dollar and Yen Advance, SNB Challenged

BBH FX Strategy Team Apr 5, 2012

The US dollar remains broadly firmer as euro zone concerns pressure below the surface. Increased euro zone tensions encouraged the market to test the SNB’s resolve at capping the franc against the euro.

Markets

Several policy implications from the recent data reports

BBH FX Strategy Team Apr 2, 2012

The US dollar is marginally softer as North American players return to their posts. The better-than-expected official Chinese manufacturing PMI (53.1 from 51.0 in Feb and consensus for 50.5) saw steeper losses in the greenback, but the…

Markets

Economic Weakness Boosts Demand for Dollar and Yen; Chinese PMI Down

BBH FX Strategy Team Mar 22, 2012

The theme of the day is one of economic weakness. New Zealand GDP (0.3% q/q vs. 0.7% prev), HSBC China PMI (48.1 vs. 49.6 prev), euro zone PMI composite (48.7 vs. 49.3 prev), and UK retail sales (-0.8% m/m vs. 0.6% prev ex-auto fuel) all…

Markets

Dollar Broadly Stronger on Turnaround Tuesday

BBH FX Strategy Team Mar 20, 2012

The dollar is broadly higher today, and reflects a Turnaround Tuesday from the previous two days of dollar weakness. Italy's Monti has won well-deserved praise since replacing Berlusconi, but his most challenging test begins in earnest…

Markets

Thursday’s stronger US data has not translated into dollar gains

BBH FX Strategy Team Mar 16, 2012

The dollar is trading modestly firmer against the majors in very narrow ranges, gaining some traction after the losses seen Thursday.

Markets

Dollar Rally Stalls as US Yields Back Up

BBH FX Strategy Team Mar 15, 2012

The US dollar is mixed after the broad dollar rally is losing steam into the North American open. The euro zone is on the back burner for now. Indeed, the recent back up in US yields over such a short time period has been astounding. Even…

Markets

The Dollar Remains Firm on Stronger US Outlook

BBH FX Strategy Team Mar 14, 2012

The FOMC did tweak its outlook but maintained its pledge to keep rates low through 2014. February retail sales were stronger than expected. Equities rallied sharply as a result and, more importantly, the US Treasury market sold off. With…

Markets

Dollar Broadly Stronger as ISDA Decision and NFP Looms

BBH FX Strategy Team Mar 9, 2012

The Greek government said PSI went through with a 95.7% participation rate after CACs were activated. Before the CACs, however, that rate was only 85.8%. ISDA’s determinations committee will decide today at 08:00 EST whether a credit event…

Markets

Optimism About PSI Boosts Risk Appetite; Brazil Cuts 75 BPS

BBH FX Strategy Team Mar 8, 2012

The dollar is weaker against most major and EM currencies with Greece still the major focus. The euro broke above 1.32 against the dollar in the European morning as it becomes evident that the Greek PSI deal will likely go through, as we…