FX Week



In Bank of Montreal's first quarter earnings report released last week, it reported C$61 million in FX and interest rate revenues, a 17 per cent increase over the same period a year ago, which was C$52 million. Scotiabank also released earnings last week, reporting a 28 per cent decline in the first quarter to C$33 million in FX and precious metals, versus C$46 million reported a year ago.

The Bank of Japan reports average daily dollar/yen turnover in Tokyo for the week ended February 23

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