G10 volumes are down slightly from the beginning of the year, lead by declines in USD/JPY and GBP/USD trading. Interest is picking up in NZD/USD and EUR/NOK
Longer term, EUR/USD and EUR/JPY have gained volume share relative to USD/JPY and the commodity currencies
The biggest volumes of the week for GBP, AUD and NZD were transacted after the Bank of Canada announcement (in addition to CAD of course). Post-ECB volumes were only really significant for EUR/USD and EUR/JPY.
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