31.07.2012 - Euro woes spark a global slump in forex volumes
The euro's troubles have sent the currency market into its worst slump since the financial crisis, with trading volumes falling world-wide for the first time since 2009, according to newly released central-bank data. Average daily trading volume dropped 5% to $3.65 trillion in April in the world's busiest markets, from $3.83 trillion a year earlier. It was the first year-over-year decline since the 2008 to 2009 period, when financial markets nearly ground to a halt amid a global credit crisis...............................................Full Article: Source
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