FX Volumes: Strong start to 2015 – Thomson Reuters

FXStreet (Barcelona) - “This was a strong start to 2015,” quotes Phil Weisberg, global head of FX, Thomson Reuters, as he comments on the FX volume data across their platforms.

Key Quotes

“The total average daily volume (ADV) of foreign exchange trading across Thomson Reuters platforms in January totalled $398bn – an on-year rise of seven per cent.”

“Average daily volume for spot trading in January was $135bn.”

“Volatility was comparatively high in the market, due principally to eurozone fears, and volumes were healthy as asset managers were assembling their hedging and investing strategies for the year.”

EUR/USD slides below 1.1400

EUR/USD broke to the downside after hovering around 1.1400. The pair moved toward 1.1350 and printed a fresh low at 1.1358.
अधिक पढ़ें Previous

GBP/USD pressuring the weekly high – FXStreet

Valeria Bednarik, Chief Analyst at FXStreet, notes technicals suggest GBP/USD might extend further to the upside, with a break above 1.1450 expected to take the pair higher towards 1.5500 levels.
अधिक पढ़ें Next