EUR/USD Volatility

Alpari Russia and CIS Forex Trading Volumes Rebound in March

The figures are in line with the broad industry trend for the final month of the first quarter with EUR/USD

According to a company announcement, trading volumes generated by Alpari in Russia and the Commonwealth of Independent States (CIS) increased by 30% in March compared to the previous month. The figure totaled $96.9 billion, which is a healthy rebound and in line with the broad trend in the industry.

The final month of the first quarter of 2015 has brought increased activity, primarily in the euro. According to the Alpari announcement, more than 85% of the growth came from trading the EUR/USD currency pair.

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Activity in April remained vivid in the first half of the month. Expectations of a Greek default are still on the table, and the future course of volatility will be largely dependent on the outcome of talks between Greece and its creditors on the 24th of April in Riga, Latvia.

In the run-up to the UK election, volatility in the GBP/USD pair has also materially increased.

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