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Currency Trading News

Currency Trading News

Currency trading jumps 20 per cent

Global currency trading has soared by more than a fifth over the past three years to $4 trillion a day. This was largely driven by a 48 per cent jump in turnover of spot transactions which rose to $1.5 trillion in April 2010, from $1 trillion in 2007.

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Currency trading hits $4tn a day

A three-year report into currency dealing shows rapid growth in trading, with the majority of trades happening in London.

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Global currency trading soars to $4 trillion a day

FRANKFURT (MarketWatch) -- Currency trading volume has soared to $4 trillion a day, according to data released by the Bank for International Settlements. Global foreign-exchange market turnover was 20% higher in April 2010 than in April 2007, with average daily turnover of $4.0 trillion compared to $3.3 trillion, the data showed. The increase was fuelled by the 48% growth in turnover of spot ...

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Currency Trading Reaches $4 Trillion a Day, BIS Says

Foreign-exchange trading rose to $4 trillion a day on average even as growth in the market slowed in the three years through April, a Bank for International Settlements survey showed.

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Currency-Trading Growth Slowed Amid Crisis, BIS Says

Growth in foreign-exchange trading slowed in the three years through April as heightened price swings after the credit markets seized up lowered the appetite for risk, a Bank for International Settlements survey showed.

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Japanese Yen: Currency Intervention Grows Ahead of BoJ Rate Decision

Japanese Yen : Currency Intervention Grows Ahead of BoJ Rate Decision Fundamental Forecast for Japanese Yen: Neutral Japanese Yen Channel is Key Yen Intervention Unlikely as Capex Soars The Japanese yen continued its northern journey against the U.S. dollar this past week despite Japans government issuing its latest fiscal stimulus package in conjunction with the central banks effort of monetary ...

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Currency trading rises 20 per cent from 2007

Global foreign exchange volumes hit $4-trillion (U.S.)

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