Data released today by the Tokyo Financial Exchange indicated that forex trading volumes were down slightly during the month of May in Japan.
The TFX indicated that the total trading volume of its FX Daily Futures contracts (Click 365) was 2,220,588, down 1.2% MoM versus April but off 26.2% from last year May.
Average daily forex trading volume was 96,546 contracts, down 14% from April’s 112,394.
Mainstay Yen-Dollar trading, which makes up about one third of Click 365 volumes, had a 6% volume dropoff versus April.
| May 2017 Click 365 volumes | |||||
|---|---|---|---|---|---|
| Trading Volume | Daily Average | Change on Previous Month | Year on Year Change | ||
| Click 365 Total | 2,220,588 | 96,546 | -1.2% | -26.2% | |
| U.S. Dollar-Japanese Yen | 715,700 | 31,117 | -5.9% | -16.6% | |
| South African Rand-Japanese Yen | 349,228 | 15,184 | 15.2% | -10.0% | |
| Turkish Lira -Japanese Yen | 284,456 | 12,368 | 7.5% | -22.4% | |
| Euro-Japanese Yen | 193,602 | 8,417 | 40.0% | 58.1% | |
| Australian Dollar-Japanese Yen | 183,004 | 7,957 | 6.7% | -54.0% | |
| British Pound-Japanese Yen | 137,290 | 5,969 | -33.6% | -44.6% | |
| Euro-U.S. Dollar | 89,878 | 3,908 | -21.7% | -50.2% | |
| New Zealand Dollar-Japanese Yen | 72,299 | 3,143 | -0.9% | -35.3% | |
| British Pound-U.S. Dollar | 38,749 | 1,685 | -52.9% | -46.9% | |
| Polish Zloty-Japanese Yen | 31,966 | 1,390 | 37.1% | 65.4% | |
| Other Currency pairs | 124,416 | 5,408 | 12.9% | -49.1% | |