BUSINESS

FX Derivatives Surge 10% to $130T as Yen Trading Hits Legend Ranges

International
international alternate (Forex) derivatives reached a document $130 trillion in notional
trace by mid-2024, surging 10% from the previous year, pushed largely by
unheard of exercise in yen-related contracts amid hypothesis about Japan’s
monetary policy shift.Yen Trading Frenzy Drives
International FX MarketsAccording
to essentially the latest Financial institution of International Settlements (BIS) OTC derivatives
statistics…

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