Thomson Reuters said it has launched an intraday foreign exchange analysis and commentary services with real-time insights geared to the FX community.
Reuters FX Buzz isintegrated into Thomson Reuters premium desktops including the Thomson Reuters Eikon and Reuters 3000 Xtra, enabling FX traders to consume and act upon market moving information through a dedicated, one-stop service, said the company in today’s release.
According to the company's release, FX Buzz provides users with a clear and concise view of how event impact the FX market, providing insight to help them improve trade decisions and risk assessment. Traders can expect to receive the information in the form of forward-looking analysis, fresh commentary, market flow, sentiment and trade ideas. FX traders can also use FX Buzz as a value-added service for advising their own clients.
Based in the key forex centers in Europe, Asia and North America, the FX Buzz editors and analysts, including members of the award-winning IFR Markets Forex desk, will be providing dedicated coverage of G10 currencies plus other major currencies and emerging markets. The team has unique access to Thomson Reuters FX data as well as Reuters breaking geo-political and macro-economic news to fuel their findings, analysis and recommendations.
Commenting on the new service, Andrew Hausman, managing director, Fixed Income & Foreign Exchange, Thomson Reuters, said: "FX traders are bombarded by all the news and information that comes across their desks each day; they need a source that they trust implicitly to provide a filter and opinion that matters. With FX Buzz we will be providing short, pithy summaries of market-moving developments in foreign exchange with predictions, opinions and technical analysis from our seasoned experts – people who have years of experience both working in and writing about the FX markets. FX Buzz will provide, quite simply, all an FX trader needs to know to be at the top of their game.”
Thomson Reuters will draw upon its 30 years of experience in the FX and money markets business. The company’s reporters have insights into breaking news, prices and liquidity flows and provides market-leading FX community and liquidity platforms such as Thomson Reuters Dealing and Matching.