Daily FX volumes edge up 1% in April vs year-ago: Fed
Add BT as a preferred sourcePublished Mon, Jul 25, 2016 · 03:58 PM
[NEW YORK] US currency trading volume averaged US$893.2 billion in April 2016, up 1 per cent from a year earlier and 10 per cent higher from October 2015, a Federal Reserve semi-annual survey released on Monday showed.
The increase in trading volume stemmed largely from swap turnover, which grew 23 per cent since the previous survey in October last year, the US central bank said.
REUTERS
Share with us your feedback on BT's products and services
