FMDQ Foreign Exchange Market Analysis Report for Week-Ended November 6, 2026
Please see commentary below on the Foreign Exchange (FX) market with data for the week-ended November 6, 2026. Table 1 compares weekly turnover for trades between banks (FMDQ Dealing Member (Banks)/Authorised Dealers) and their clients for the weeks-ended October 30 and November 6, 2026.
In the FX Spot and Derivatives markets, the total turnover for the week-ended November 6, 2026, was $1,808.35 million, representing a decrease of 51.29% ($1,904.18 million) from the $3,712.53 million reported for the week-ended October 30, 2026. The week-on-week (WoW) decrease in total turnover was jointly driven by the 50.19% ($1,852.55 million) decrease in FX Spot transactions, which recorded a total value of $1,786.15 million compared to $3,638.70 million in the week-ended October 30, 2026, and the 69.93% ($51.63 million) decrease in FX Derivatives transactions (comprising FX Forward) for the week-ended November 6, 2026. (See Table 1)
Table 1: Weekly FX Turnover Analysis
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