Thomson Reuters’ FX Volumes Drop in July as Summer Lull Weighs

[kreslik.news]

July FX volumes on Thomson Reuters’ platforms outpaced those of last year, though turnover is still down month-over-month as the lack of clear direction in currency markets continues to affect daily trading activity.

FX trading volumes saw a significant drop last month, coming in at $398 billion, down -12 percent from $452 billion in June 2018, failing to match its strong comeback in the previous month.

However, Thomson Reuters’ total average daily volume (ADV) of its foreign exchange (FX) products, including spot, forwards, swaps options and non-deliverable forwards (NDF), made a slight increase by 2.8 percent year-over-year from $387 billion in ... (read more)