FX Week



Harris Bank reports FX income declined by $2.2 million in the second quarter, to $1.232 million, compared to the previous Q2 results of $3.454 million, representing a 64 per cent decline. For the six-month period, the bank reports a 70 per cent decline in FX trading income, to $2.12 million, versus $7 million during the year-ago period.

The Bank of Japan reports average daily dollar/yen turnover for the week ended July 18 totalled $11.61 billion, down from $13.87 billion reported for the

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