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Retail trading foreign exchange broker, Alpari Russia, has announced its turnover results for February 2016. According to an official statement, trading revenues rose to $88.5 billion. Compared to its January metrics, this is an increase of over 11%. The dynamic growth was achieved mainly by the increasing popularity of the USD/JPY and GBP/USD currency pairs.
In connection with the increased volatility of the Japanese yen and the pound sterling in recent weeks, trading on these instruments enjoyed far greater popularity among Alpari’s clients. While revenues from EUR/USD trading tally with the January numbers, GBP/USD activity has increased by 47% month-over-month (MoM) and ... (read more)