In February of this year, the trading volume for Alpari in Russia and the CIS hit 110.8 bln USD, returning to the December 2013 level. The most popular currency pairs were the EURUSD (46.3 bln USD), GBPUSD (28.9 bln) and USDJPY (8.8 bln USD).
"In the last month there were two fundamental factors causing traders to either decrease their trading volume or else stay away from the market altogether. The first was the release of macro-statistics from the USA revealing unexpectedly weak dynamics, giving rise to uncertainty in the market. The second factor is Russia's charged political conflict over Ukraine, the implications of which are forcing investors into behaving carefully until the situation is clarified", said Vladislav Kovalchuk, Director of Marketing at Alpari.
Alpari serves clients in more than 150 countries around the world, with company brand offices in London, Tokyo, New York, Shanghai, Dubai and Frankfurt amongst other financial centers.