– On Friday, FX volumes were the 11th highest seen in the past 12 months.
– NZD and JPY topped the list of rankings by volume and USD/CAD had the highest volume above its one week average as a result of its move above parity.
– Profit taking in EUR/JPY and EUR/GBP pushed those crosses into the highest volume rankings above their one week average.
– High EUR volumes however, did not come through across the board as EUR/AUD, EUR/CHF, and EUR/USD saw volumes well beneath their one week averages.
Click here to read the full report: Technical Research
Barclays