Global foreign exchange market in April average daily trading volume increased significantly
YORK July 27 morning news, according to foreign media reported yesterday, according to central banks in their respective semi-annual published on the website survey, compared with last year in October, foreign exchange transactions in April increase substantially due to the euro zone sovereign debt crisis played a role in increased turnover.
HSBC Holdings (HSBC Holdings Plc) in London, analyst Mark McDonald (Mark McDonald), said central bank data show that the global foreign exchange market on the average daily trading volume has grown from 32,000 in 2007 100 million U.S. dollars rose to more than 4.1 trillion U.S. dollars.
According to the New York Federal Reserve's April survey, the U.S. average daily trading on the foreign exchange market amounted to 754 billion U.S. dollars, compared with a 12% increase in October last year; the same period, the UK's average daily trading on the foreign exchange market amounted to 1.75 trillion U.S. dollars, up 15% over the same period last year. (Civil and military)
