After all, it seems that most FX sell-side participants had a stellar year in 2008.
Yet profits from FX have been miniscule when compared with the losses racked up elsewhere. I would love to be able to put a precise figure on how much the Euromoney top 10, for example, made last year. That is impossible, but there is no doubt that those working in FX feel aggrieved, and they have every right to do so.
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