Tokyo Stock Exchange FX trading on Click 365 drops 15% MoM and 70% YoY as Yen volatility wanes
The total trading volume of Exchange FX Margin contracts (Click 365) in April was 2,088,673 ( △ 14.6% MoM / △ 70.0% YoY) and its average daily trading volume was 94,941.
Yen volatility has pretty much collapsed for the first quarter of 2014, leading to less chances to speculate and hedge. The proof is in the pudding as you can see in the April results chart below. However, some analysts are predicting a steady weakening of the yen in the months to come, forecasts say the BoJ will re-iterate a more aggressive accommodative stance.
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Items
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April 2014
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Trading Volume
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Daily Average
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Change on Previous Month
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Year on Year Change
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|
Click 365
|
2,088,673 |
94,941 |
-14.6% |
-70.0% |
|
|
USD/JPY
|
711,208 |
32,328 |
-1.7% |
-70.4% |
|
|
EUR/JPY
|
206,340 |
9,379 |
-30.8% |
-86.4% |
|
|
GBP/JPY
|
228,479 |
10,385 |
-14.6% |
-51.7% |
|
|
AUD/JPY
|
442,636 |
20,120 |
-20.3% |
-69.9% |
|
|
CHF/JPY
|
11,373 |
517 |
-17.1% |
-60.6% |
|
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CAD/JPY
|
12,830 |
583 |
-46.8% |
-68.4% |
|
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NZD/JPY
|
134,818 |
6,128 |
-3.6% |
-52.8% |
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EUR/USD
|
38,533 |
1,752 |
-35.8% |
-60.8% |
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GBP/USD
|
12,013 |
546 |
-14.2% |
-60.9% |
|
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Other Currency pairs
|
290,443 |
13,203 |
-16.8% |
-52.5% |
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For full results from the TFX Press Release, please click here.
For more on the global Forex industry see the LeapRate-Dow Jones Forex Industry Report.