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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.

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Spain’s Downgrade Shrugged Off Amid Hopes of Crisis Plan

BBH FX Strategy Team Oct 19, 2011

Equity markets are mostly positive after strong gains overnight; supported by euro zone crisis plans. EUR firms despite Spain’s rating downgrade by Moody’s; Norges Bank expected to remain on hold. Japanese and South Korean policy makers…

News

A Douse of Cold Water

BBH FX Strategy Team Oct 18, 2011

Risk sentiment remains under pressure overnight; global equities lower, dollar mostly higher. European economic data continue to deteriorate; UK September inflation surges to new highs. RBA minutes point to some capacity to lower policy…

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Markets Cautious Amid Hopes for the Policy Bazooka

BBH FX Strategy Team Oct 17, 2011

G20 Finance Ministers said they expect decisive action on 10/23; dollar pares back some recent losses. Markets likely to remain focused on Europe this week with Greek austerity vote and EU summit. EM markets this week focus on rate…

News

IMF to the Rescue?

BBH FX Strategy Team Oct 14, 2011

Market sentiment is improving amid hopes that G20 policy makers willing to take action to stem crisis. Markets keen to focus on Italian vote of confidence and US economic data in North American session. China’s inflation slowed in Sept.…

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Risk Rally Fades Ahead of Key Technical Levels

BBH FX Strategy Team Oct 13, 2011

Dollar moves broadly higher after risk rally ran out of steam; European stocks slide from 2-month high. Extreme market positioning, technicals and positive macro data enabled unwind of safe haven bets. South Korea’s central banks keeps…

News

Euro Bears Camping out in Bratislava

BBH FX Strategy Team Oct 12, 2011

Global stock continue to push higher amid choppy conditions; EuroStoxx reaches 6-week high. Slovakia’s rejection of the EFSF 2.0 is unlikely to derail ratification; EUR/USD breaches 1.38. China’s PBOC reportedly intervened it the Chinese…

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EFSF Enhancement Hinges on Slovakia

BBH FX Strategy Team Oct 11, 2011

Equity markets paring back recent gains after one-week recovery ahead of Slovakia EFSF vote. Slovakia is the last country to vote on EFSF enhancement; “Yes” vote is not a done deal. News reports indicate China’s SWF is buying bank shares;…

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Jobs, Jobs, Jobs

BBH FX Strategy Team Oct 7, 2011

Markets choppy ahead of the US employment report; global stocks mixed, commodities softer. US economic data performance continues to outperform; Sep. Canadian employment surges. Custody holdings at the Federal Reserve for foreign central…

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A Tale of Policy Shifts as the UK goes QE2

BBH FX Strategy Team Oct 6, 2011

Sterling plummets as BoE surprises the market with QE announcement; global stocks, oil advance. All eyes turn to Berlin for Trichet’s last meeting in the hopes of a policy announcement. BoE announcement see QE larger and earlier than many…

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Sentiment Improves on Hopes for Bank Recapitalization

BBH FX Strategy Team Oct 5, 2011

Sentiment continues to improve ahead of NY open off the back of possible EU bank recapitalization plan. For sentiment to continue to improve markets are likely to need a bold policy response and better economic data. Poland’s is expected…