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Although I hate to say it--- she should either suck it up and try to ignore it-- or look for another job.
She is working on Wall Street and trades currency???? She is probably one a few woman-- and regardless of being right or wrong, she will be dished a lot of crap for being a woman in a male dominated field.
If she is a woman in a powerful position then she should have a strong resume to aid her if she decided to look for a new firm to work for. It is not an easy decision to make and it is even tougher to go to work each day and face a jackass for a boss. Given the nature of the business I would not go confront the man unless I was willing to pack up and walk out. Many times the confrontation only makes it worse later.
Good luck to her.
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