Daily FX volumes rise to $4.84 trillion in Jan

February 10, 2016 1:00 PM

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LONDON Feb 10 Daily trading on the global market in currencies bounced by almost $400 billion a day in January, driven by a surge in market volatility due to worries over China, oil prices and global growth, data showed on Wednesday.

Compared to January 2015, when a record-breaking gain for the Swiss franc prompted a surge in trading, data from settlement company CLS showed volumes were still down by around 9 percent at $4.84 trillion a day.

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