Forex trading won't get cheaper

CHICAGO - It is still more expensive to trade, delegates were continually reminded at last week's (April 7) FX Invest USA conference in Chicago.

Despite a return to more stable spreads and improved liquidity in the past two months, wider credit issues are still affecting the market, according to a panel discussing opportunities in foreign exchange. "The basis risk that entities are willing to take has diminished as market entry-exit cost has exponentially expanded," commented Derek Sammann

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