Yen Drives Foreign-Exchange Swap Gains as Total Volume Falls

  • Swaps transactions rose to $2.4 trillion in 2016: BIS survey
  • Overall trading at $5.1 trillion, first drop since 2001

Currency Market Averages $5.1 Trillion Daily Volume

The Bank of Japan continues to set much of the tone for shifts in the world’s largest, most liquid market -- foreign exchange.

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