Delving into the BIS’s Triennial Analysis of the Currency Markets

Every three years the Bank for International Settlements (BIS) conducts an in-depth analysis of the foreign exchange (FX) markets, and 2019 was the most recent study. This TABB Group report examines the BIS’s statistical analysis, as well as its own review of the numbers, and draws some conclusions about the evolution of the FX markets, the largest financial market in the world.