Sunday 12 January 2014

Dollar-yen margin trading volume doubles in '13

The volume of foreign exchange margin trading between the yen and the dollar more than doubled in 2013 from the previous year thanks to the weakening of the Japanese currency against the dollar.

The trading volume in the two currencies swelled by 118.4 percent to about 20.12 million contracts from about 9.21 million contracts, while the volume in other pairs of currency involving the yen slumped, according to Tokyo Financial Exchange data.
The yen-dollar volume grew for the first time in two years, as activity returned from other currency pairs such as the yen and the euro.


The Japan News

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