Kindly see commentary below on the Foreign Exchange (FX) market with data for the week-ended June 26, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended June 19 and 26, 2026.
- In the FX Spot and Derivatives markets, the total turnover for the week-ended June 26, 2026, was $2,835.44 million, representing an increase of 22.06% ($512.37 million) from the $2,323.07 million reported for the week-ended June 19, 2026. The week-on-week (WoW) increase in total turnover was jointly driven by the 21.18% ($484.47 million) increase in FX Spot transactions, which recorded a total value of $2,771.40 million compared to $2,286.93 million in the week-ended June 19, 2026, and the 77.20% ($27.90 million) increase in FX Derivatives transactions for the week-ended June 26, 2026. (See Table 1)
- The WoW increase in FX Derivatives turnover was driven by the 77.20% ($27.90 million) increase in FX Forwards turnover.
Table 1: Weekly FX Turnover Analysis
| Week-ended June 26, 2026 | Week-ended June 19, 2026 | WoW % Change |
WoW Change ($’mm) |
|||||
|---|---|---|---|---|---|---|---|---|
| Weekly | Daily Average |
% Share | Weekly | Daily Average |
% Share | |||
| ($’million) | ($’million) | ($’million) | ($’million) | |||||
| FX Spot | 2,771.40 | 554.28 | 97.74 | 2,286.93 | 457.39 | 98.44 | 21.18 | 484.47 |
| FX Forwards | 64.04 | 12.81 | 2.26 | 36.14 | 7.23 | 1.56 | 77.20 | 27.90 |
| Exchange-Traded FX Futures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | N/A | N/A |
| FX Derivatives | 64.04 | 12.81 | 2.26 | 36.14 | 7.23 | 1.56 | 77.20 | 27.90 |
| Total | 2,835.44 | 567.09 | 100.00 | 2,323.07 | 464.62 | 100.00 | 22.06 | 512.37 |
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