In the month of August, the trading turnover of the international financial brand Alpari, owned by Andrey Dashin, showed an increase of 14% on July across key markets, reaching a total of 120.8bn USD. The primary driver behind this growth was trading on the US dollar, which has seen increased volatility and trader activity over the last month.
The dollar features in each of the 5 currency pairs with the highest trading turnover over the last month. These are: EURUSD, GBPUSD, USDJPY, XAUUSD, and USDCAD. Each of these pairs saw a growth in turnover in August, most of all the EURUSD pair, turnover on which increased by 35% in the last month of summer.
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