Deutsche closing gap on Citi?

The bank will reveal in March the forex contribution to the debt division’s $7.7 billion (e6.1 billion) revenues in 2003, up from $5.8 billion (e5.5 billion) in 2002.

Some of that rise in dollar terms can be attributed to the 20% fall in the value of the US dollar over the 2003 financial year, from $1.0481 per euro at the end of 2002 to $1.2552 the following year. But the precipitous fall of the dollar has also brought with it stellar opportunities for FX trading in major and emerging markets

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: