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Exness reports eye-popping $4.5 trillion in August volumes
FX trading volumes are climbing again as economic uncertainty spurred by uncomfortably high inflation and central banks’ policies encouraged speculators to pile back into the market. The busiest August for FX broker Exness had set its highest monthly volumes on record. Total trading volumes on the Exness’ platform ticked higher last month to an eye-popping $4.5 trillion, up 15 percent from $3.9 trillion in July. Over a yearly basis, the multi-regulated FX broker’s turnover was up by two thirds when compared with $2.8 trillion reported back in August 2022. Activity on Exness’ trading platform has been climbing ... (full story)