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FX Activity Contained Pre-CPI, Evident in Subdued Volumes

FOREX

FX Futures Volumes Check: Ahead of the CPI release in ~90 minutes, FX volumes across G10 are below average for this time of day, as per currency futures – likely helping mute the price action and keep ranges contained so far:

  • NZD 24% below average for this time of day
  • CHF 25% below
  • CAD 26% below
  • JPY 26% below
  • EUR 29% below
  • GBP 31% below
  • AUD 34% below

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