In 2025, the United Kingdom had by far the largest OTC (over-the-counter) foreign exchange (forex) market, with an average daily turnover of around *** trillion U.S. dollars. Of this, the vast majority was due to various kinds of forex derivatives, with swaps being the most common forex instrument traded. Standard spot transactions, where two currencies are exchanged at an agreed price within two days and without a contract, accounted for roughly *** trillion U.S. dollars of the total average daily turnover.

Explore the dynamic Foreign Exchange (FX) market with insights into its projected $2,850 million size in 2025, a 7.5% CAGR, key drivers like globalization and technology, and emerging trends in currency swaps and FX options. Understand market segments and regional growth.

China Foreign Exchange Turnover: Currency Pair: USD/CHF data was reported at 2,872.000 RMB mn in Mar 2021. This records an increase from the previous number of 1,957.000 RMB mn for Feb 2021. China Foreign Exchange Turnover: Currency Pair: USD/CHF data is updated monthly, averaging 394.000 RMB mn from Jan 2017 (Median) to Mar 2021, with 51 observations. The data reached an all-time high of 2,872.000 RMB mn in Mar 2021 and a record low of 9.000 RMB mn in Jan 2017. China Foreign Exchange Turnover: Currency Pair: USD/CHF data remains active status in CEIC and is reported by China Foreign Exchange Trading Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MD: China Foreign Exchange Trading Center (CFETC): Foreign Currency Pair Trading.

China Foreign Exchange Turnover: Currency Pair: Spot: EUR/JPY data was reported at 222.000 USD mn in Nov 2025. This records an increase from the previous number of 210.000 USD mn for Oct 2025. China Foreign Exchange Turnover: Currency Pair: Spot: EUR/JPY data is updated monthly, averaging 6.000 USD mn from May 2018 (Median) to Nov 2025, with 84 observations. The data reached an all-time high of 345.000 USD mn in Mar 2024 and a record low of 0.000 USD mn in May 2018. China Foreign Exchange Turnover: Currency Pair: Spot: EUR/JPY data remains active status in CEIC and is reported by China Foreign Exchange Trading Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MD: China Foreign Exchange Trading Center (CFETC): Foreign Currency Pair Trading.

In 2022, foreign exchange earnings from the tourism industry in Indonesia amounted to approximately ***** billion U.S. dollars. This was a sharp increase after hitting an all-time low due to the ******** pandemic in 2021. During the presented period, tourism foreign exchange earnings in the country peaked in 2019 at approximately ** billion U.S. dollars.

Currency exchange rate is an important metric to inform economic policy but traditional sources are often produced with delay during crises and only at an aggregate level. This may poorly reflect the actual rate trends in rural or poverty-stricken areas, where large populations reside in fragile situations.
This data set includes currency exchange rate estimates and is intended to help gain insight in price developments beyond what can be formally measured by traditional methods. The estimates are generated using a machine-learning approach that imputes ongoing subnational price surveys, often with accuracy similar to direct measurement of prices. The data set provides new opportunities to investigate local price dynamics in areas where populations are sensitive to localized price shocks and where traditional data are not available.

China Foreign Exchange Sales by Bank on Behalf of Client: Capital & Financial Account: Direct Investment data was reported at 5.490 USD bn in Oct 2018. This records a decrease from the previous number of 6.838 USD bn for Sep 2018. China Foreign Exchange Sales by Bank on Behalf of Client: Capital & Financial Account: Direct Investment data is updated monthly, averaging 1.699 USD bn from Jan 2001 (Median) to Oct 2018, with 214 observations. The data reached an all-time high of 19.079 USD bn in Dec 2015 and a record low of 0.021 USD bn in Jun 2001. China Foreign Exchange Sales by Bank on Behalf of Client: Capital & Financial Account: Direct Investment data remains active status in CEIC and is reported by State Administration of Foreign Exchange. The data is categorized under China Premium Database’s Money and Banking – Table CN.KC: Foreign Exchange Settlement and Sales on behalf of Client by Bank.

In 2022, foreign exchange earnings from the tourism industry across India amounted to nearly 17 billion U.S. dollars. This was a rise of over 92 percent compared to the previous year. During the presented period, tourism foreign exchange earnings peaked in 2019 at 30 billion U.S. dollars

Foreign exchange markets data

Foreign Exchange Reserves in Seychelles increased to 885.38 USD Million in October from 865.09 USD Million in September of 2025. This dataset provides - Seychelles Foreign Exchange Reserves- actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Foreign Exchange Turnover: RMB/FX Cross Currency Swap: Above 1Y data was reported at 4,018.000 RMB mn in Apr 2025. This records a decrease from the previous number of 4,960.000 RMB mn for Mar 2025. China Foreign Exchange Turnover: RMB/FX Cross Currency Swap: Above 1Y data is updated monthly, averaging 684.500 RMB mn from Jun 2021 (Median) to Apr 2025, with 34 observations. The data reached an all-time high of 10,609.000 RMB mn in Dec 2023 and a record low of 31.000 RMB mn in Apr 2022. China Foreign Exchange Turnover: RMB/FX Cross Currency Swap: Above 1Y data remains active status in CEIC and is reported by China Foreign Exchange Trading Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MD: China Foreign Exchange Trading Center (CFETC): Foreign Exchange Trading.

Market data of many cryptocurrencies.

Since the columns are not labeled you can use this description:

Columns are as follows:

UNIX Timestamp, Bid price, Bid amount, Ask price, Ask amount, Daily change, Daily change (relative), Last price, Volume, High, Low

Additional columns are orderbook entries:

Price, Count, Amount (negative = Buy)

Foreign Exchange Reserves in Vietnam decreased to 80279.79 USD Million in July from 81099.23 USD Million in June of 2025. This dataset provides - Vietnam Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States Capital Market Exchange Market is Segmented by Type of Market (Primary Market and Secondary Market), by Capital Market (Stocks and Bonds), and by Stock Type (Common & Preferred Stock, and Other), by Bond Type (Government Bonds, Corporate Bonds, and Other), and by Geography (Northeast, Midwest, and Other). The Market Forecasts are Provided in Terms of Value (USD).

No matter if you trade daily or monitor your forex risk periodically, FX Buzz delivers actionable insights through succinct commentary on news and market activities, as well as thorough analysis of medium to long-term trends. FX Buzz provides dedicated foreign exchange commentary and analysis around the clock, tailored to meet your individual needs. Whether you're trading daily or keeping an eye on your forex exposure a few times a month, FX Buzz offers practical insights from brief news summaries and deal flow commentary to in-depth analysis of longer-term market trends.

TCA for FX Market Outlook

According to our latest research, the TCA for FX market size reached USD 730 million globally in 2024, with a robust compound annual growth rate (CAGR) of 8.2% projected through 2033. By leveraging this CAGR, the market is expected to reach a value of approximately USD 1.45 billion by 2033. The primary growth factor fueling this market is the increasing demand for transparency, regulatory compliance, and cost efficiency in foreign exchange trading environments, prompting financial institutions to adopt advanced TCA (Transaction Cost Analysis) solutions for FX markets.

The growth trajectory of the TCA for FX market is primarily driven by the global shift towards automated and data-driven trading environments. As forex trading volumes continue to surge, financial institutions are under growing pressure to reduce trading costs and optimize execution quality. TCA solutions allow market participants to analyze and benchmark transaction costs in real-time, providing actionable insights to enhance trading strategies. The proliferation of electronic trading platforms has further accelerated the adoption of TCA tools, as firms seek to leverage advanced analytics and machine learning to gain a competitive edge. The integration of TCA solutions with existing trading infrastructure is becoming increasingly seamless, fostering greater market penetration across both buy-side and sell-side institutions.

Another significant growth factor is the evolving regulatory landscape governing the global FX market. Regulatory authorities across major financial hubs have intensified their focus on best execution, transparency, and accountability, compelling market participants to adopt robust TCA frameworks. Regulations such as MiFID II in Europe and the FX Global Code have mandated comprehensive reporting and monitoring of trading activities, driving the demand for TCA solutions that can address compliance requirements efficiently. Financial institutions are recognizing the strategic value of TCA not only as a compliance tool but also as a means to enhance operational efficiency and mitigate risks associated with FX trading.

Technological advancements are also playing a pivotal role in propelling the TCA for FX market forward. The emergence of cloud-based deployment models, artificial intelligence, and big data analytics has transformed the capabilities of TCA solutions, enabling real-time analysis and scalable deployment across global trading desks. These innovations are making TCA tools more accessible to a wider range of market participants, including smaller banks, asset managers, and hedge funds, who are seeking to level the playing field with larger, more technologically advanced competitors. The ability to process vast volumes of trade data and generate granular insights is positioning TCA as an indispensable component of modern FX trading strategies.

As the financial markets continue to evolve, the importance of T+1 Settlement Readiness Solutions is becoming increasingly evident. These solutions are designed to streamline the post-trade process, ensuring that transactions are settled within a day after the trade date. This shift towards T+1 settlement is driven by the need for greater efficiency, reduced counterparty risk, and improved liquidity in the financial markets. By adopting T+1 Settlement Readiness Solutions, financial institutions can enhance their operational efficiency, minimize settlement failures, and align with global regulatory standards. The integration of these solutions with existing trading and settlement systems is crucial for achieving seamless and timely settlement, ultimately contributing to a more resilient and robust financial ecosystem.

From a regional perspective, North America currently leads the global TCA for FX market, accounting for the largest revenue share in 2024. This dominance is attributed to the presence of major financial institutions, advanced trading infrastructure, and a proactive regulatory environment. However, the Asia Pacific region is witnessing the fastest growth, driven by the rapid expansion of electronic trading, increasing cross-border capital flows, and growing awareness of the benefits of TCA solutions among regional banks and asset managers. Europe remains a key market, u

Figures for ‘RBA foreign exchange transactions’, ‘Change in reserve assets due to valuation’ and ‘Total change in reserve assets’ refer to period totals. All other figures are end period values.\r \r ‘RBA foreign exchange transactions’, sales (-) and purchases (+), are reported according to the date on which settlement takes place (‘value date’).\r \r ‘Market’ transactions are foreign exchange transactions against the Australian dollar (excluding foreign exchange swaps) undertaken by the RBA with authorised foreign exchange dealers in Australia or banks overseas.\r \r ‘Australian Government’ transactions are the RBA’s foreign exchange transactions with the Australian Government.\r \r ‘Other outright’ transactions include the RBA’s outright transactions with other central banks, international financial institutions which are not intended to affect the exchange rate, clients other than the Australian Government, and interest received on holdings of foreign assets.\r \r ‘Swap deliveries’ are RBA foreign exchange swap transactions that settled during the period, excluding swaps conducted with the Federal Reserve as part of the USD Swap Facility. For the period January 1995 until February 1996 ‘Other outright’ includes ‘Swap deliveries’.\r \r ‘Official reserve assets’ comprise holdings of ‘Foreign exchange’, ‘Gold’ and ‘Other’ reserve assets, which comprise Special Drawing Rights, Reserve position in the IMF and the net value of swap transactions conducted with the Federal Reserve as part of the USD Swap Facility.\r \r ‘Outstanding forward foreign exchange commitments’ mainly reflect market values of the second leg of RBA swap transactions outstanding and, from time to time, outstanding RBA outright forward transactions. Prior to July 2002 contract values are reported.\r \r The sum of ‘Gold’ and ‘Foreign exchange’ may differ from figures reported in the weekly Statement of Liabilities and Assets and the RBA’s Annual Report. From 1 July 1996, foreign currency securities sold under repurchase agreements are retained for accounting purposes as foreign currency investments in the RBA’s balance sheet, in accordance with standard accounting treatment. For the purpose of reporting foreign exchange reserves in this table, however, securities sold under repurchase agreements are excluded. In addition, from 20 December 2006, foreign exchange sales (-) and purchases (+) are reported for accounting purposes according to the date on which they are contracted (‘trade date’). For the purpose of reporting foreign exchange reserves in this table, however, foreign exchange transactions are reported according to the date on which settlement takes place (‘value date’).\r

Foreign Exchange Reserves in Malaysia increased to 123800 USD Million in October from 123600 USD Million in September of 2025. This dataset provides the latest reported value for - Malaysia Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

FX Swaps Market Outlook

As per our latest research, the global FX Swaps market size reached USD 4.35 trillion in 2024, registering a robust growth trajectory with a CAGR of 5.8% during the forecast period. The market is projected to attain a value of USD 7.29 trillion by 2033, driven by heightened cross-border trade, increased volatility in currency markets, and the growing need for efficient liquidity management among financial institutions and corporates. This sustained expansion is underpinned by both technological advancements and regulatory shifts that continue to reshape the global financial landscape.

One of the primary growth factors propelling the FX Swaps market is the surge in international trade and investment flows. As globalization deepens, multinational corporations and financial institutions are increasingly exposed to currency risk, necessitating effective hedging instruments. FX Swaps, which allow parties to exchange currencies on a specified date and reverse the transaction at a later date, have become the preferred tool for managing short-term funding requirements and mitigating foreign exchange risk. The proliferation of electronic trading platforms and algorithmic trading has further accelerated market activity, enhancing transparency, reducing transaction costs, and providing access to a broader array of counterparties. These developments collectively foster an environment where FX Swaps serve as a critical component of global treasury operations.

Another significant driver is the evolving regulatory landscape, particularly in major financial centers such as North America, Europe, and Asia Pacific. Regulatory reforms introduced in the aftermath of the global financial crisis have emphasized transparency, risk management, and capital adequacy, compelling banks and other financial institutions to adopt more sophisticated hedging strategies. The introduction of central clearing for certain derivatives, including FX Swaps, has contributed to increased market confidence and participation. Additionally, the advent of new accounting standards and reporting requirements has encouraged corporates to utilize FX Swaps more systematically, thereby expanding the market's end-user base. This regulatory impetus is complemented by the growing sophistication of market participants, who are leveraging advanced analytics and risk management tools to optimize their FX Swap portfolios.

Technological innovation is also shaping the future trajectory of the FX Swaps market. The integration of artificial intelligence, machine learning, and blockchain technology is transforming trade execution, settlement processes, and risk assessment. These technologies are streamlining operational workflows, reducing settlement risk, and enhancing the speed and accuracy of trade matching. Moreover, the rise of fintech firms and digital platforms is democratizing access to FX Swaps, enabling smaller corporates and asset managers to participate in a market that was once dominated by large banks. The combination of technological progress and evolving business models is expected to unlock new growth opportunities, particularly in emerging markets where financial infrastructure is rapidly developing.

From a regional perspective, Asia Pacific is emerging as a key growth engine for the FX Swaps market, buoyed by the region's expanding trade volumes, increasing currency market liberalization, and the growing presence of global financial institutions. North America and Europe continue to represent mature markets characterized by high liquidity, sophisticated trading infrastructure, and a strong regulatory framework. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, supported by economic diversification initiatives and the gradual integration of their financial systems with global markets. This regional diversification not only broadens the market's growth prospects but also enhances its resilience to localized economic shocks.

Product Type Analysis

The FX Swaps market is segmented by product type into Short-term FX Swaps and Long-term FX Swaps, each catering to distinct liquidity and hedging needs within the global financial ecosystem. Short-term FX Swaps, typically spanning a few days to a few months, dominate the market due to their utility in managing immediate funding requirements and short-term currency exposures. Financial institutions and corporates often employ these instruments to address

Dataset

This dataset was created by franta polach

Contents