Japanese FX Volumes Rise in January to a Level Not Seen in a Year, FFAJ Reports
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Japanese FX Volumes Rise in January to a Level Not Seen in a Year, FFAJ Reports
The Financial Futures Association of Japan (FFAJ) reported its over-the-counter (OTC) retail FX margin trading figures for January 2017, revealing a strong rebound as trading volumes move up. Furthermore, USD/JPY trading was especially stronger in January 2017, per an FFAJ filing.
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In terms of its OTC currency trading volumes, the FFAJ yielded $5.0 trillion (¥561.5 trillion) in January 2017, up 24.1% MoM from $4.0 trillion (¥452.4 trillion) in December 2016. To put this in context, December was devoid of any major market drivers, ... (read more)
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