Central Banking

Yen volatility drives record turnover, central bank surveys reveal

Graphic showing rise in money

The US and the UK saw record turnover in foreign exchange in April, as a yen volatility spike led to a major pickup in investor activity, according to figures published yesterday by the forex committees of the Bank of England and the Federal Reserve Bank of New York.

In the US, average daily turnover shot up from $794 billion in October 2012 to $1.007 trillion in April 2013, according to the New York Fed FX Committee's semi-annual survey. In the UK, the Bank of England's Foreign Exchange Joint

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.