Forex Trading Slowed, But Not Stopped, by Sandy
With many New York banks’ foreign-exchange desks expected to be thinly staffed Monday as Hurricane Sandy bears down on the city, their colleagues in London and elsewhere are preparing for a larger work-load. Katie Martin reports on Markets Hub.
But forex players don’t have quite the same luxury (if anybody has any luxury right now) that their stock counterparts do, with those markets just shut down. As Dow Jones FX Traders’ Matt Walker and Geoff Rogow reported: