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20. Global FX trade jumps to US$4 trillion a day

LONDON: Trade on global currency markets has jumped by a fifth over the past three years to US$4 trillion a day, roughly equal to the annual economic output of Germany, a major central bank survey showed on Wednesday.

India rupee higher on stocks, dollar; U.S. data eyed

* Shares notch mild gains tracking firm Asian peers

Global FX trade jumps to $4 trln a day -BIS

Global FX trade jumps to $4 trln a day -BIS

Global FX trade jumps to $US4trln a day: BIS

Survey shows trade has risen by one fifth over past three years. 1 Sep 2010 9:24 AM

Rebound in Risk Sentiment Weighs on U.S. Dollar, Japanese Yen

A rebound in risk sentiment pushed the euro higher for the second day, with the exchange rate advancing to a high of 1.2745 during the overnight trade, but the lack of momentum to retrace the decline from the previous week is likely to keep the EUR/USD within a narrow range throughout the day as price action continues to hold below the 50-Day SMA at 1.2757.