LeapRate Retail FX Volume Index increases 3% in June to a new record
LeapRate Retail FX Volume Index explained by professional Forex trading experts the “ForexSQ” FX trading team.
LeapRate Retail FX Volume Index
The great reawakening of Japan’s Retail Forex industry leads to a restatement of our index.
LeapRate’s Retail FX Volume Index, sponsored by Leverate, hit another all-time record in June, rising nearly 3% to $329 billion daily. Forex industry trading volumes continue to sit about 20%-25% above last year’s levels. The increased activity in the retail FX sector was driven primarily by traders in the Far East, who continued to set records in Japan forex trading, as well as elsewhere in the region.
In a related development, given the large and it seems sustained increase in Forex trading volumes in Japan, we have gone back and restated our Retail FX Volume Index for previous months as well. As per above, we now set global retail forex trading volumes at about $329 billion per day — with about 43% of that total coming from Japan.
LeapRate’s Retail FX Volume Index is a monthly measure of global trading activity in the retail forex industry.
LeapRate Retail FX Volume Index Conclusion
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