9 Jun 2015
G10 FX volumes up sharply – DB
FXStreet (Barcelona) - Strategists at Deutsche Bank offer their FX Flow report for the week ending 5th June, 2015.
Key Quotes
“G10 volumes were up sharply last week on the back of a strong payrolls report and Draghi’s bond volatility comments.”
“EUR/NOK volumes surged as the cross rose over 3% week-on-week. The catalysts were poor Norway manufacturing PMI and IP data that makes a Norges Bank rate cut in June highly likely.”
“EUR/USD continues to gain volume share, accounting for more than half of Autobahn trades (up from 30-40% in Q4 2014).“
Key Quotes
“G10 volumes were up sharply last week on the back of a strong payrolls report and Draghi’s bond volatility comments.”
“EUR/NOK volumes surged as the cross rose over 3% week-on-week. The catalysts were poor Norway manufacturing PMI and IP data that makes a Norges Bank rate cut in June highly likely.”
“EUR/USD continues to gain volume share, accounting for more than half of Autobahn trades (up from 30-40% in Q4 2014).“