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Japanese broking giant GMO Click has released its latest tranche of trading volumes for the month ending in June 2016, which rebounded strongly during the month, achieving levels not seen since February of this year, according to a GMO Click Statement.
GMO Click’s over-the-counter (OTC) FX trading volumes came in at $1.08 trillion (¥110.2 trillion) during June 2016, constituting a rise of 20.1% MoM from just $901.0 billion (¥91.7 trillion). This was the highest figure seen since February 2015, which effectively snapped a three-month consecutive monthly decline. One facet also helping fuel the rise in overall volumes was the differential in trading ... (read more)