Tag: AFXC

AFXC

Global FX Turnover Falls in April, But Outliers Exist

Unsurprisingly, given the sharp slowdown seen after the March mayhem in FX markets, the latest FX committee turnover data indicates that April 2020 was a quieter month that April 2019, although the regional data is anything but consistent with that trend. Compared to the October 2019 survey, turnover was down across the board in all […]

FX Turnover Rises Again in October

Following what remains to some a surprisingly strong number from the Bank for International Settlements’ Triennial Survey of FX Turnover in April 2019, the latest semi-annual reports from seven of the world’s FX committees indicates that turnover increased again in October 2019. The UK and Canada hit new peaks for FX turnover in the month, […]

Interest Rate Risk Helps Steady FX Volumes

Although spot FX markets have been characterised as existing in a very low volatility and volume environment, the same cannot be said for the interest rate space, and that has enabled FX volumes to remain steady over the past year according to data from six regional FX committees. The FX committees of the UK, US, […]

Boomtime for FX Volumes as New Peak Hit

The latest round of FX turnover data from six of the world’s FX Committees shows volume at its highest level since they started recording results in 2005. The new high mark was powered by new peaks in activity in the UK, Singapore, Japan and Canada.
The total turnover across Australia, Canada, Japan, Singapore, UK and US was $4.883 trillion per day in April 2018. If the six centres maintained their current share of global turnover, the numbers suggest a BIS survey number just shy of $6 trillion per day.