Volatility fuels earnings hope
FRONT PAGE NEWS
LONDON/NEW YORK -- Banks are expecting to see increased forex trading revenues for the second quarter from increased volatility in the major currencies, officials told FX Week.
After a lacklustre first quarter, forex dealers are now hoping to see increased earnings from trading opportunities sparked by the reversing dollar trend, and ongoing intervention in the dollar/yen market.
"FX is back in vogue," said one global FX head at a Canadian bank in Toronto. "This is partly due to the slump in
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