On monday, I received a call from a dear old friend in New York who was heading over to London and who wanted to meet for a coffee or for lunch. The lady in question, a foreign exchange sales executive of 27 years standing, had recently become yet another victim of the lack of volatility and volume in the forex markets. There was no bitterness. 27 years isn't a bad innings in anybody's book and I got the impression that she might be, in her own very quiet way, grateful that her employer had called time for her. It's a big old world out there and knowing what dollar/yen is doing 24/7 might not be all it's cracked up to be.
展开▼
