FX Week

STATISTICS

STATISTICS

American Express Bank reports $16 million in net FX trading revenues for the third quarter, down 24 per cent from $21 million reported for 3Q 1995. Year-to-date, the bank has earned $56 million from net FX trading, an 8 per cent decline from the $61 million reported for the same period a year ago.

The Bank of Japan reports average daily dollar/yen turnover volume in Tokyo for the week ended October 25 totalled $11.82 billion, up from the $10.6 billion reported the prior week ended October 1