Alpari’s October Turnover Rises to New 2017 High

[kreslik.news]

Global forex brokerage Alpari has reported its latest trading turnover for the month ending October 2017. Overall, volumes were able to rebound on a monthly basis, striking a new yearly high, surpassing August 2017. Gains were largely attributed to Southeast Asian clientele and increased EUR/USD trading.

October proved to be a relatively active month for trading in currency markets, ultimately paring last month’s declines in volumes. The EUR was the big mover in terms of volatility and volume, helped by developments within the bloc. Consequently, the EUR/USD saw a double digit (10 percent) increase in turnover on a monthly basis, helped ... (read more)