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ParFX looks back on the year and ahead to 2015
The foreign exchange market has operated under a cloud of uncertainty in 2014, with allegations of improper behaviour dominating the headlines. Look beyond this, and you find several important developments and themes shaping spot FX this year, which should give the industry reason for optimism as we move into 2015.
Firstly, low volatility continued to be the defining factor for the market as a whole – it is the lifeblood of any financial market, but more so in FX as it is critical to the
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