Skip to content
Subscriber Only
Markets

FX Volatility Boosts Trading, Amid Signs More to Come

  • Turbulence coincides with jump in activity: JPMorgan, CLS
  • Price swings in focus as currency industry gathers in Miami
Bloomberg business news

BOJ to Drive Dollar-Yen by Year's End, Says Nomura's Rochester

By

Corrected

The past week’s financial-market turbulence is keeping foreign-exchange traders busy, boosting volumes along with volatility.

Price swings in the $5.1-trillion a day currency market have jumped at the start of 2018 to the highest since November 2016 on a monthly basis, according to a JPMorgan Chase & Co. gauge. The turmoil coincides with surging trading activity, say JPMorgan and CLS Group Holdings AG, which settles global foreign-exchange transactions.