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Articles tagged by FX turnover

BIS Survey: FX Turnover Drops to $5.1 Trillion The FX market has a new benchmark until 2019 - and it's $5.1 trillion.
Few Surprises in Latest BIS Figures So the latest Bank for International Settlements (BIS) Triennial Central Bank Survey is out and, as Profit & Loss previously reported, the headline figure is that the FX market has contracted in size from $5.3 trillion to $5.1 trillion traded per day over the past three years. This news seems to have caught very few people by surprise, however the survey shows spot foreign exchange volumes are lower while FX swaps activity has grown considerably, especially in Asian centres and in the yen.