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J.P.Morgan note that "Several metrics of FX...>

FOREX
FOREX: J.P.Morgan note that "Several metrics of FX liquidity have started to
normalize as market vol has inched lower but conditions have still not fully
retraced to pre-outbreak levels. The most material change from March is that
trading volumes have plummeted to GFC lows; more moderate changes are that
market depth has improved and dislocation of G10 FX relative to rates has
reduced. What hasn't changed materially is that spreads remain quite wide."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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