Credit Risk
Baltics, Slovenia set for early euro adoption
LONDON – Estonia, Lithuania and Slovenia are likely to be the first of the new European Union member states to adopt the euro, Fitch Ratings said last week.
Expanding CDO market exposes new FX risks
LONDON -- The growth of the cross-border collateralised debt obligation (CDO) market -- whereby debts of varying risk are bundled together and sold to investors as one debt-type instrument -- is opening up a new source of FX risks, said market…
Yen shrugs off loans plan
TOKYO -- There was muted reaction in the FX markets last week to the Japanese authorities' plans to tackle bankss bad loans and revive the region's faltering financial system, analysts told FX Week .
Credit ratings come into FX focus
LONDON/NEW YORK -- Credit ratings are becoming increasingly significant to FX market players, with downgrades increasing in the current economic downturn, market participants told FX Week .