Sep
01
2010
Forex turnover soars
Posted by: in Forex Tips, tags: Excerpt, Foreign Exchange Market, Forex Markets, Forex News, Germany, Global Economic Crisis, Global Foreign Exchange, Investors, London, Market Turnover, News Sources, Trillion, Turnover SoarsNews Sources wrote an interesting post today on
Here’s a quick excerpt
LONDON – THE global economic crisis has driven investors to the forex markets where turnover has soared to a staggering four trillion dollars a day – equal to what Germany produces in a year. Overall, daily global foreign exchange market turnover grew 20 percent to some four trillion dollars (S$5.3 trillion) by April 2010 from 3.3 trillion dollars three years earlier, according to a Bank of …
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