Foreign exchange revenues - about a 15-20% slice of the key FICC business at investment banks -...
Foreign exchange revenues - about a 15-20% slice of the key FICC business at investment banks - are off 23% to $5.7B this year, according to Coalition. Central planning has always been "the other invisible hand" in the global economic system, but it seems more so today than ever, and its interference with trading strategies is keeping investors away from fx trading.
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