– JPY was the busiest of the G10 currencies, with GBP/JPY, USD/JPY and AUD/USD occupying the top three slots for volumes above their one-week average.
– Following last Thursday’s high volume range beak in EUR/USD, activity has been declining on a daily basis as investors reduce participation in the up-move.
– USD/JPY volumes increased on the day as investors endorse the move higher.
– USD/SEK volumes have been declining as price has corrected lower in range. Appetite to sell is wanin
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Barclays