First-Quarter Forex Results Picture Less Rosy In U.S., Analysts Predict

- By FX Markets Staff
- @FXMarkets_
- 15 Apr 1996

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First-quarter foreign exchange trading results at the major U.S. banks are expected to be mixed at best when they begin releasing this week, according to traders and analysts surveyed by FX Week. A lack of both customer flows and general market volatility weighed on banks during the period, they say.

"The end of the first quarter was very slow in FX, so earnings will probably be mixed," says the chief dealer of a money centre bank. "So unless you traded, or were involved with more than just

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