good news!

Francesc

Global Forex Flows Surge
Gertrude Chavez-Dreyfuss, NiaWilliams and Tim McLaughlin at Reuters
Monday, February 25, 2013

After several lackluster years, the US$5 trillion (HK$38.9 trillion) foreign exchange market has bolted back to life with institutional investors leading the charge and banks standing to gain from the activity.

Currency volumes spiked in January and have stayed robust so far, thanks to unexpectedly strong and persistent rallies in the euro and weakness in the yen, demand from institutional clients, and increased flows in world equity markets.

A strong mergers and acquisitions sector has also boosted turnover in the world's largest financial market, as often large volumes of currencies need to be traded for cross-border transactions.

Views: 49

Tags: Currency Volumes, Foreign Exchange Market Volume, Forex Volume

Comment

You need to be a member of Forex Social Network to add comments!

Members

Join us on Facebook Now!!!

Hi everyone

This website was closed June 2nd 2015.

Please, join us now at Facebook where you can keep sharing your thoughts about Forex with our community of traders:

https://www.facebook.com/superfxnews

OVER 2,500 READERS!!!!

© 2015   Created by FXStreet.

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video