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Bank forex trading revenues fell by a third


bank forex trading revenues fell by a third

he added. If you expect that a currency will rise in value, you can buy that currency (open a long position with the prospect of selling it at a higher price, if the market moves in your favour. Ruble pairs spread is really lowthat is,.012 rubles. The absence of the regulator in these circumstances can be explained not so much by inaction of Bank of Russia as exclusively by fundamental factorsthat is, devaluation of the national currency.

The slowdown in G10 FX trading activity has been reflected on the worlds leading currency trading venues. The most popular pair is EUR/USD, or the ratio of forex air cargo philippines the exchange rate of euro to the US dollar. These factors gave a virtually free hand to market players who used the situation to their advantage. EUR/USD 0, gBP/USD. The Forex market is the worlds largest and most liquid market, with an average daily trading volume of more than 5 trillion. Coalition says the third quarter of 2013 was characterized by substantially lower volumes and weakness in G10 FX forwards activity levels which have been badly hit by the lack of interest-rate volatility. The decline comes as, g10 FX markets have struggled for direction amid political and economic uncertainty in the US and the low interest environment globally, which has weighed on exchange-rate volatility. G10 bank FX revenues, which fell 22 in 2012, were forecast to drop by an additional 7 to 7 billion for the full-year 2013. The basis of currency trading on the Forex market is the so-called 'currency pairs' or the price of one currency against another currency in a given pairing.

Bank, trading, revenue, falls 37 - TheStreet OCC: Bank, trading, revenues, fell in Q3 ABA Rates, weak forex cut into trading revenue.S


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