What BIS and EuroMoney surveys can tell us about the Forex Market?

2021.06.07 10:08 GMT

Have you ever heard of BIS? BIS stands for Bank of International Settlement. The BIS is based in Basel, Switzerland and acts as a custodian for the world’s central banks. Once every three years, the BIS conducts a survey of its central bank clients regarding currency trading activity in their country. The first survey was conducted in 1986, with four countries taking part. Now the number of participating central banks is over 50. The report has plenty of useful and interesting data for forex traders. Let's dive deep into the details of the report.

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7 months, 3 weeks ago