FX offers hope for Reuters

Revenues from the Dealing suite of trading products were down by 7% year-on-year, but this was partly offset by a healthy performance from Reuters’ e-FX broking business.

While budget cuts for many of Reuters’ clients saw outright revenues slide, use of the broking terminals was up due to increased levels of FX markets activity.

Brokerage revenues "picked up strongly in the second half, as the combination of US dollar weakness and euro strength and greater uncertainty surrounding interest rat

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