Forex trading will fall to $1 Trillion per day

Discussion in 'Forex' started by Walanee, Sep 11, 2019.

  1. Isn't President Trump getting rid of Dodd-Frank more likely than someone else? More USA traders will only help the Forex market and it thievery.

    Es

     
    #11     Sep 15, 2019
  2. alfa8

    alfa8

    commercials are the ones affecting forex flows.

    retail traders do no affect the market that much
     
    #12     Sep 16, 2019
  3. bbpp

    bbpp

    https://www.forexlive.com/orders/!/...-volumes-surge-to-highest-ever-level-20190916

    Global currency trading volumes surge to highest-ever level

    Trading in the foreign exchange market has hit $6.6 trillion per day, according to the latest survey from the Bank of International Settlements.

    The BIS today reported today that volume in the survey month of April rose 29% compared to 2016. The comprehensive survey is conducted every three years.

    Aside from the jump, what stands out was the rise in swaps trading -- which is now nearly half the market.

    Other key details:
    • 88% of all trades include USD
    • London accounts for 43% of all activity
    • US trading is 17%
    • EM currencies are now 25% of turnover
    • Trading involving the euro hit 32%
    • Trading involving the yen at 17%
    • Yuan trading is 4%
    • Spot FX trading rose 20% to $2 trillion
    The changes in volumes of the major currencies was muted compared to 2016 aside from a small drop in the yen but that may have been due to lower volatility in the survey month.
     
    #13     Sep 16, 2019
  4. Mellov

    Mellov

    I don't get it. How will that affect our trades, because it seems to me fx will always be there.
     
    #14     Sep 18, 2019