In brief
Spot broking platform EBS’s dealable rates were interrupted for a few seconds on the London time afternoon of Wednesday January 7. Traders noted that before the outage occurred there had been huge yen bids just above the 106 yen per dollar rate the bank was thought to be defending.
Job fears over latest mega merger
Fears of large-scale foreign exchange redundancies were highlighted as JP Morgan’s planned purchase of Bank One was announced on January 14.The $60
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