Saxo Bank’s 2016 Total FX Volumes Climb Double Digits on YoY Basis

[kreslik.news]

Danish multi asset broker, Saxo Bank has reported its final year-ending FX volumes for the December 2016, which incurred a sizable MoM decline following a seasonal slowdown of volatility and a dearth of other market drivers.

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In reality, any consecutive monthly climb in FX volumes during December was ill fated, given the month prior featured one of the most volatile trading periods of the year. November saw the passage of the US election that triggered an enormous bout of volatility for ... (read more)