FX Trading Volumes Shrink In February As Volatility Slides: Refinitiv

www.oann.com | 6/13/2018 | Staff
Cayley1561Cayley1561 (Posted by) Level 3
LONDON (Reuters) – Trading volumes of currencies shrank 7.6 percent in February from a year earlier, Refinitiv data showed, as a slump in foreign exchange price volatility discouraged traders from buying and selling.

Average daily trading volumes touched $428 billion in February, down from $463 billion a year earlier and $446 billion in January, Refinitiv said in a statement published late on Wednesday.

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