FX volumes up over six months, but down year on year
Volumes rise in UK and Singapore, but fall in US and Japan
Foreign exchange turnover in the UK, Singapore and Canada rose between October 2013 and April 2014, according to figures published by their central banks' respective FX committees on July 28. But, volumes fell from the record highs registered one year ago.
Average daily volume in the UK was $2.402 trillion in April 2014 – 7% higher than the $2.236 trillion for October 2013, when the Bank of England's (BoE) Foreign Exchange Joint Standing Committee (FXJSC) last published its semi-annual turnover
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