Source: Financial Times [UK]
“Foreign-exchange trading volumes hit a record $10tn a day during the fallout from Donald Trump’s ‘liberation day’ tariff blitz, underlining the currency markets’ growing role as the front line for global volatility. There were an average of $9.6tn of daily transactions in April, according to the latest triennial report from the Bank for International Settlements, up from $7.5tn in the same month three years earlier. The data underscores the relentless growth of forex volumes in recent decades, and the growing influence that this over-the-counter trading — deals struck privately between banks — has over global financial markets.” (09/30/25)