Moscow Exchange FX volumes down 5% in October
Moscow Exchange FX volumes down 5% in October explained by professional Forex trading experts the “Moscow Exchange FX volumes down 5% in October” FX trading team.
Moscow Exchange FX volumes down 5% in October
Hard to believe it is November already, and October FX trading volumes are beginning to pour in.
First to report this month is the Moscow Exchange, which reports a 5% decline in October volume metrics from September levels, at RUB 13.8 trillion ($430 billion) for the month.
Moscow Exchange volumes are, as one would expect, mainly USDRUB pair trading, so that volumes do not necessarily represent what is going on in the ‘regular’ FX world, where volumes are mainly EURUSD, GBPUSD, USDJPY…. We’ll see in the coming days as volumes begin to come in from some of the leading Forex ECNs are retail FX brokers.
Moscow Exchange FX volumes down 5% in October Conclusion
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