Average reported daily UK FX turnover hits record high

Daily turnover of $2,881bn in October 2019, up 2% from previous high of $2,821bn in April

The Bank of England
Bank of England: October FXJSC survey shows FX trading activity rose across most instruments

Average daily reported foreign exchange turnover in the UK was $2,881 billion per day in October 2019, the largest figure on record, representing a 2% rise from the previous high of $2,821 billion recorded in April 2019, and 11% higher than the $2,590 billion reported in October 2018, according to the Bank of England.

According to the BoE’s Foreign Exchange Joint Standing Committee turnover survey for October, FX trading activity also increased across most instruments in line with the most

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