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Forex daily trading volumes jump 14% year-on-year in April - CLS

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Forex daily trading volumes jump 14% year-on-year in April - CLS
Forex daily trading volumes jump 14% year-on-year in April - CLS   -   Copyright  Thomson Reuters 2021
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LONDON – Average daily foreign exchange trading volumes rose 14% year-on-year in April to $1.77 trillion, CLS said on Friday, with significant increases in trading of the Japanese yen, the British pound and Canadian dollar.

CLS, a major settler of trades in the forex markets, said turnover was up across spot, forward and swap markets versus April 2020 levels.

Volumes last month were down 10.4% from March levels, however, as price volatility in foreign exchange markets dropped.

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