Investors losing out from high FX fees - Updated

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US - Excessively high foreign exchange trading fees could be costing investors up to 2% of their total portfolio over a 40-year period, new research by Russell Investments showed.

In a research report titled, Are your FX fees too high, Russell found the midpoint between bid and offer prices of each FX transaction was about 9 basis points, up to nine times higher than the ave...

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