Kindly see commentary below on the Foreign Exchange (FX) market with data for the week-ended June 19, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended June 11 and 19, 2026.
- In the FX Spot and Derivatives markets, the total turnover for the week-ended June 19, 2026, was $2,323.07 million, representing an increase of 7.70% ($166.05 million) from the $2,157.02 million reported for the week-ended June 11, 2026. The week-on-week (WoW) increase in total turnover was jointly driven by the 6.80% ($145.64 million)increase in FX Spot transactions, which recorded a total value of $2,286.93 million compared to $2,141.29 million in the week-ended June 11, 2026, and the 129.75% ($20.41 million) increase in FX Derivatives transactions for the week-ended June 19, 2026. (See Table 1)
- The WoW increase in FX Derivatives turnover was driven by the 129.75% ($20.41 million) increase in FX Forwards turnover
Table 1: Weekly FX Turnover Analysis
| Week-ended June 19, 2026 | Week-ended June 11, 2026 | WoW% Change | WoWChange ($’mm) | ||||||||||||||
| Weekly | Daily Average | % Share | Weekly | Daily Average | % Share | ||||||||||||
| ($’million) | ($’million) | ||||||||||||||||
| FX Spot | 2,286.93 | 457.39 | 98.44 | 2,141.29 | 535.32 | 99.27 | 6.80 | 145.64 | |||||||||
| FX Forwards | 36.14 | 7.23 | 1.56 | 15.73 | 3.93 | 0.73 | 129.75 | 20.41 | |||||||||
| Exchange-Traded FX Futures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A | |||||||||
| FX Derivatives | 36.14 | 7.23 | 1.56 | 15.73 | 3.93 | 0.73 | 129.75 | 20.41 | |||||||||
| Total | 2,323.07 | 464.62 | 100.00 | 2,157.02 | 539.25 | 100.00 | 7.70 | 166.05 | |||||||||
0 Comments