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The Tokyo Financial Exchange (TFX) has announced that trading volumes in foreign exchange have rebounded materially in January 2016. The first month of the year is likely to result in massive volumes increases for Japanese retail brokerages.
Looking at the specific numbers, trading activity rebounded by 22.9 per cent when compared to December 2015. The figure is also higher when compared to a year ago by 19.8 per cent. Considering the exceptional circumstances surrounding the Swiss franc last year, 2016 seems to be off to a good start when looking at FX trading volumes.
TFX has also detailed the currency pairs ... (read more)