Thomson Reuters has reported its November monthly Forex volumes across platforms where daily spot trading volumes for FX platforms fell to a three-year low of $90 billion in November, according to figures published by the company late Friday afternoon. That marked a fall of 13.5% from October’s $104 billion and down 25% YoY.
Total daily volumes across all types of FX trading, including swaps, forwards and options, fell to a two-year low of $316 billion. This figure marked a decline down 10.5% MoM from October totals and almost 9% percent lower than the same month a year ago.
This year’s high was $135 billion in January when the Swiss Franc spike infamously shocked markets up and down the trading ecosystem.
For the official results, click here.