Change is opportunity

CURRENCIES

Insight Investment's Dale Thomas examines the impact of some of the large currency moves over the past year.

Foreign exchange markets have continued to make the news in recent months, with the first coordinated intervention of a major currency for 35 years following the earthquake in Japan and an announcement by China that they intend to increase the renminbi’s exchange rate flexibility further in response to rising inflationary pressures. Large currency moves have been commonplace over the past year and a number of changes at both a regional and a global level should continue to provide excellent opportunities for macroeconomic investment via currency markets going forward. Portugal bailout...