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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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