CFTC Data Shows US Retail FX Deposits Growing in February

[kreslik.news]

The Commodity Futures Trading Commission (CFTC) has published its monthly report for February 2018. The report covers data for all FCMs registered as Retail Foreign Exchange Dealers (RFEDs), which includes broker dealers that hold retail forex obligations in the US. Overall, domestic deposits rose month-over-month in February 2018 as markets remained more active.

February proved to be the most active period in 2018 thus far, with FX markets benefitting from short-term volatility and healthy trading ranges. Ongoing political scandals in the US continued to help kindle movement in the USD as well, a recurring trend in 2018. FX activity in the ... (read more)