Thomson Reuters June spot Forex volume up 9% MoM to $93 billion

Thomson Reuters Corp (NYSE:TRI) has published their Forex volume metrics for June 2017, with spot FX volumes rising to $93 billion, up 9.4% MoM from May’s $85 billion.

This was the platform’s best performing month since March for spot volumes (see chart above) when the US dollar lost a bit of steam due to a Dovish Fed and a resurgence in emerging markets helped drive volumes.

Other volumes including swaps, forwards and options averaged $283 billion in June 2017, up 6.7% MoM from May’s $265 billion.

As a result of combined segment performance, the total June ADV MoM change was higher by 7.4% to $376 billion from May’s $350 billion.

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