February 15, 2018 / 9:15 AM / 6 months ago

FX trading volumes rise sharply in Jan, early Feb - CLS

LONDON, Feb 15 (Reuters) - Foreign exchange trading volumes jumped 24 percent in January from a year earlier, data from CLS showed on Thursday, as investors ramped up bets on a weaker dollar and uncertainty about the end of the era of cheap money stoked volatility.

CLS, a major settler of trades in the foreign exchange market, said the average daily traded FX volumes submitted to it had risen to $1.805 trillion in January, up 24 percent from a year earlier and rising 15.6 percent from December's levels.

In the first four days of last week, Feb. 5 to Feb. 8, volumes had risen a further 14 percent over January's numbers to $2.054 trillion, CLS added. (Reporting by Tommy Wilkes; editing by Sujata Rao)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below