Expressing a view on the dollar

Currency focus

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Foreign exchange is in vogue. “It has really come to the fore over the past 12–24 months,” says Lutfey Siddiqi, global head of forex structuring at Barclays Capital in London. “This is a function of the sheer magnitude of the move in the dollar.” Because of this, he says forex risk is being looked at in an entirely new light. “Corporates as well as institutional investors are doing a lot of exploratory and investigative work into how they should manage their currency exposure.”

Small wonder, give

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