Okay, just one more…
A. Pretty much never. Strategists are paid to make calls that will help clients and build prestige for the bank…No one purposely makes a bogus call to take the other side of the trade. Sometimes, you just get it wrong. (I know, hard to believe given our perfect track record here at FXL
)
There have been allegations on the past that certain banks would front run their recommendations and then offload positions to the customers…Given today’s corporate climate, I doubt there is much of that going on any more.