Lack of FX volatility helps banks with staff shortages

Departures could hurt banks if volatility returns

market volatility

The ongoing low volatility environment in foreign exchange markets is a blessing in disguise for banks struggling with staff numbers due to redundancies and suspensions, according to one source closely connected to several large banking institutions.

But while the lack of meaningful price moves has been cited as one of the biggest factors behind declining trading volumes on major currency trading platforms and within banks' currency trading businesses, for some banks the lacklustre trading

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