First-Half Foreign Exchange Trading Revenues May Prove Mixed For US Banks, Say Analysts

- By FX Markets Staff
- @FXMarkets_
- 07 Jul 1997

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Mixed predictions prevail ahead of the scheduled release of US banks' second quarter foreign exchange trading revenues, which start reporting results this week. Despite a general consensus that the period was a fairly active one, sources say it was probably not as dynamic as the first quarter proved (FXW, April 21).

"There were pockets of volatility during the quarter," says a trader at a US money centre bank, adding that in this respect the period surpassed the comparable quarter last year, but

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