Federal Reserve’s tapering will be the theme to spark volatility and volume growth in 2014 Most participants in the FX markets will mark 2013 as the year when the carry trade has returned. And the funding currency of choice is the same as before 2008 – the Japanese Yen. Ultra low interest rates coupled with…
Read moreVolumes will only pick up when we see volatility in the Japanese Yen return The well-known personality of Mrs. Watanabe as the housewife who sits at home and trades the forex market might be turning to other assets to realize gains following the reduction in volatility of JPY pairs. Japanese forex brokerages had reported earlier…
Read moreJapan Retail FX market continues to be red hot. With the Japanese Yen finally crossing through the USDJPY 100 barrier during May for the first time in more than four years, Japan's Retail FX sector continues to generate record trading volumes, and record interest among Japanese retail FX traders. The proof? GMO Click, Japan's largest…
Read moreAssuming data is to be believed, GMO Click did $756 billion of spot FX volume in January. We have often been (and remain) somewhat skeptical of volume and related data we see coming out of Japan. However, even if somewhat exaggerated, GMO Click's January is one for the books. The company (which is publicly traded…
Read moreBut blames slow FX volumes at EBS to intervention in the Yen and Swiss Franc.
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