WSJ's secret project to launch end of next month

TALKING BIZ NEWS EXCLUSIVE

Wall Street Journal‘s secret project will launch in six weeks, with a formal announcement of its launch detailing what it will be expected early next year, sources within Dow Jones & Co. said Tuesday.

The project is expected to focus its coverage on foreign exchange news and be delivered in a new platform, Talking Biz News has reported.

Earlier this month, the Journal advertised internally that it was looking for a commentator who could write about foreign exchange markets, as well as derivatives and spot markets. In addition, it’s recently hired reporters to cover foreign exchange. For example, Stephen Bernard joined the paper this month from The Associated Press, where he covered the U.S. stock market. Bernard is part of the forex markets team with Brad Davis and Andrew Johnson.

Other staffers from the Journal and Dow Jones Newswires have moved to the foreign exchange beat in recent months. Neil Shah will join in January as a forex options reporter after reporting on Europe’s markets for the Journal in London. Some have done so to land a job reporting overseas.

When announced in September, Journal managing editor Robert Thomson stated that the “special project” would be “crucial to our success as a company.”