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BIS: Forex markets in the Americas see relatively limited stress
The forex markets in the Americas have seen a relatively moderate stress levels in the recent years, according to a report by the Bank for International Settlements (BIS). Forex liquidity has declined during certain episodes of market stress, such as the Swiss franc (CHF)-related crisis in early 2015. “While FX markets have continued to function without major disruptions, stresses to the financial system have been relatively limited in recent years, suggesting that how FX markets deal with shocks has not yet been fully tested,” according to the report. According to the report, certain fines and regulatory ... (full story)