What will revive fallow FX?

By Patrick Foot, financial markets writer, IG

Buyout dealflow has slowed down considerably in Q4

The ongoing volatility drought has left the markets bereft of any movement on which to base investment, insight or analysis. May saw a 25-year low in FX volatility and there have been few signs of life in the months since, leading to a long lull in activity as investors find little to base a trade on.

It isn't only FX that is feeling the pain; equities have been similarly calm recently. But currency trading relies on liquidity. Every day the markets stay quiet brings heightened frustration and a

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