USD/JPY volumes remain on the downward trajectory – DB

FXStreet (Barcelona) - Strategists at Deutsche Bank give the DB FX Flow Report on currency volume, data from Friday, 15th May.

Key Quotes

“Autobahn volumes fell across the board last week with the notable exception being NZD/USD, which increased by more than one third week-on-week. NZD/USD traded heavily after the Financial Stability Report on Tuesday evening (London time) with more than 30% of weekly flows transacted over the next 24 hours.”

“The market continues to show strong interest in EUR/GBP, last week’s volume was in the 93rd percentile versus the five year history. This is followed by NZD/USD (89th percentile), EUR/SEK (77th percentile) and EUR/NOK (64th percentile).”

“USD/JPY volumes remain on the downward trajectory with past week’s volume the lowest year-to-date.”

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