EBS’ May FX Volumes Extend Multi Month Decline, Strike Fresh 2016 Lows
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EBS’ May FX Volumes Extend Multi Month Decline, Strike Fresh 2016 Lows
ICAP has reported its aggregated trading volumes across its electronic foreign exchange (FX) platform EBS for the month ending May 2016 – the results showed a continuation of the venue’s declining volumes, which have now fallen in four consecutive months, according to an ICAP statement.
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EBS’ May 2016 FX volumes come amidst a recent downtrend that began in January 2016. Since then, each successive month has seen a fall off of a high of $103.8 billion – ... (read more)
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