FFAJ OTC Forex Trading Volumes for May 2017 Rise MoM, Fall YoY
Posted: Tue Jun 13, 2017 8:50 am
The Financial Futures Association of Japan (FFAJ) has publicized the results of its over-the-counter (OTC) forex trading for May 2017. There were positive results noted for trading volumes month-on-month, but a slip on a year-on-year basis. Open trades, however, fell both month-on-month and year-on-year.
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May 2017 trading volumes increased from ¥3.217 trillion ($29.230 billion) in the preceding April to ¥3.502 trillion ($31.80 billion), up 8.87 percent. In March, the trading volumes were estimated at ¥3.685 trillion ($33.48 billion), which slipped in April, down 12.7 percent. Last year, the ... (read more)