Eurozone crisis boosts September spot volumes
Foreign exchange spot-trading volumes on electronic matching platforms soared in September as falling confidence in the eurozone fuelled a surge of trading in euro-based currency pairs, according to figures released this week.
Average daily volumes on Thomson Reuters' main spot platforms reached more than $176 billion in September – the highest average daily volume since May 2010 and a 32% increase on September 2010.
"Market events in September have pushed FX volumes up even further, so we are
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