FX trading volumes fell in December

The value of global currency market trading fell over 8 percent in December compared with the previous month, data from settlement system CLS showed on Tuesday, after surging on Donald Trump's surprise victory in the US presidential election.
CLS, which settles more than 90 percent of all trades in the foreign exchange market - the biggest and most liquid financial market in the world - said the average daily value of all trades had fallen to $4.58 trillion, down 8.2 percent compared with the previous month's $4.99 trillion.