FFAJ Reports February Retail FX Volume Up 11.8% in Japan

[kreslik.news]

The Financial Futures Association of Japan (FFAJ) has today reported its monthly statistics bulletin for Over-the-counter (OTC) retail fx trading for the month of February across its 53 members showing broad rises when compared to the previous month.

The association said that the USD/JPY volatility and overall strength also came into play affecting volumes, as the currency traded between 111.60 and 121.40, with an average rate of 115.02, and while ending the month on the strong side near 112.99 according to data from the Bank of Japan.

Using end of month rate data to convert USD equivalents, trading ... (read more)