Cables and geppies for FX traders in 2011

Wons, yuans, and the Singapore dollar look set to grow in strength, as Standard Chartered makes its 2011 predictions

The world of foreign exchange trading sounds like an epilogue to 'The Naked Lunch', William Burroughs' tale of drugs and junkies.

Trading is conveyed in handles such as a cable (GBP/USD), fiber (EUR/USD), chunnel (EUR/GBP), loonie (USD/CAD) and geppie (GBP/JPY).

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions