Forex trading will fall to $1 Trillion per day

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

alfa8 said:
this Trump drama will end in 2020 when he is out of election.

if he wins; Forex is f**ked :)
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ElectricSavant said:
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
More...

commercials are the ones affecting forex flows.

retail traders do no affect the market that much
 
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.
 
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