Foreign Exchange Global Market Report 2024 - Research and Markets (2024)

1. Executive Summary2. Foreign Exchange Market Characteristics3. Foreign Exchange Market Trends and Strategies

4. Foreign Exchange Market - Macro Economic Scenario

4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market

5. Global Foreign Exchange Market Size and Growth

5.1. Global Foreign Exchange Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Foreign Exchange Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Foreign Exchange Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)

6. Foreign Exchange Market Segmentation

6.1. Global Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Reporting Dealers
Other Financial Institutions
Non-Financial Customers

6.2. Global Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Currency Swaps
FX Options

6.3. Global Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Individuals
Retailers
Corporate Institutes
Government
Other End Users

7. Foreign Exchange Market Regional and Country Analysis

7.1. Global Foreign Exchange Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Foreign Exchange Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Foreign Exchange Market

8.1. Asia-Pacific Foreign Exchange Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Foreign Exchange Market

9.1. China Foreign Exchange Market Overview
9.2. China Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Foreign Exchange Market

18.1. France Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Foreign Exchange Market

19.1. Italy Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Foreign Exchange Market

20.1. Spain Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Foreign Exchange Market

21.1. Eastern Europe Foreign Exchange Market Overview
21.2. Eastern Europe Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Foreign Exchange Market

22.1. Russia Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Foreign Exchange Market

23.1. North America Foreign Exchange Market Overview
23.2. North America Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Foreign Exchange Market

24.1. USA Foreign Exchange Market Overview
24.2. USA Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Foreign Exchange Market

25.1. Canada Foreign Exchange Market Overview
25.2. Canada Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Foreign Exchange Market

26.1. South America Foreign Exchange Market Overview
26.2. South America Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Foreign Exchange Market

27.1. Brazil Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Foreign Exchange Market

28.1. Middle East Foreign Exchange Market Overview
28.2. Middle East Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Foreign Exchange Market

29.1. Africa Foreign Exchange Market Overview
29.2. Africa Foreign Exchange Market, Segmentation by Counterparty, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Foreign Exchange Market, Segmentation by Trade Finance Instruments, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Foreign Exchange Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Foreign Exchange Market Competitive Landscape and Company Profiles

30.1. Foreign Exchange Market Competitive Landscape
30.2. Foreign Exchange Market Company Profiles
30.2.1. JP Morgan Chase & Co.
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Citibank N. A.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. HSBC Holdings plc
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BNP Paribas Société Anonyme
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. The Goldman Sachs Group Inc.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance

31. Foreign Exchange Market Other Major and Innovative Companies

31.1. UBS Group AG
31.2. Deutsche Bank AG
31.3. The Bank of Nova Scotia
31.4. Barclays plc
31.5. State Bank of India
31.6. Standard Chartered plc
31.7. State Street Corporation
31.8. Royal Bank of Scotland plc
31.9. Commonwealth Bank of Australia
31.10. Interactive Brokers Group LLC
31.11. eToro Group Limited
31.12. Saxo Bank A/S
31.13. Swissquote Group Holding SA
31.14. CMC Markets plc
31.15. GAIN Capital Holdings Inc.

32. Global Foreign Exchange Market Competitive Benchmarking33. Global Foreign Exchange Market Competitive Dashboard34. Key Mergers and Acquisitions in the Foreign Exchange Market

35. Foreign Exchange Market Future Outlook and Potential Analysis

35.1 Foreign Exchange Market in 2028 - Countries Offering Most New Opportunities
35.2 Foreign Exchange Market in 2028 - Segments Offering Most New Opportunities
35.3 Foreign Exchange Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Foreign Exchange Global Market Report 2024 - Research and Markets (2024)

FAQs

How big is the forex market in 2024? ›

It will grow from $752.66 billion in 2023 to $795.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%.

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What is the major currency outlook for 2024? ›

EUR/USD is predicted to reach 1.05 in June 2024 and September 2024, 1.09 in December 2024 and 1.12 in March 2025. USD/JPY is expected to hit 155 in June 2024, 154 in September 2024, 153 in December 2024 and 152 in March 2025.

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What is the future market in foreign exchange market? ›

Currency futures are futures contracts for currencies that specify the price of exchanging one currency for another at a future date. The rate for currency futures contracts is derived from spot rates of the currency pair. Currency futures are used to hedge the risk of receiving payments in a foreign currency.

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What is the foreign exchange market in India? ›

India's open and regulated Forex market, coupled with the convenience of online demat account, provides opportunities for foreign investors to participate in currency trading, invest in Indian financial instruments, and engage in portfolio diversification. Thereby boosting capital inflows into the country.

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How big is the forex market compared to the stock market? ›

Size of the Fore Market vs.

The forex market is significantly larger than the stock market. The forex market has an average daily trading volume of around $7 quadrillion, while the stock market has an average daily trading volume of around $200 billion.

What is the stock market trend in 2024? ›

The Big Money bulls forecast that the Dow Jones Industrial Average will end 2024 at about 41,231, 9% higher than current levels. Market optimists had a mean forecast of 5461 for the S&P 500 and 17,143 for the Nasdaq Composite —up 9% and 10%, respectively, from where the indexes were trading on May 1.

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What is the FX forecast for 2024? ›

The companies surveyed expect exchange rates to remain similar to current levels at the end of 2024 in some cases. They have forecast that the EUR/CHF exchange rate will be 0.95 at the end of 2024, and expect the USD/CHF rate to be on average at 0.90 and the GBP/ CHF rate to stand at 1.10.

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What will happen to the US Dollar in 2024? ›

We expect 2024 to be a year of diverging trends for the dollar. It will likely move lower on a broad trade-weighted basis early in the year but stabilize as the year progresses. Although we expect a general downward drift for the dollar, performance of individual currencies will likely vary widely.

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What currency is best to invest in in 2024? ›

The US Dollar and Gold Should Hold Their Value in 2024

The dollar's best days are likely already behind it for this currency cycle, following the run-up that climaxed in September 2022.

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What is the size of a forex future? ›

Typically, currency futures contracts trade in a standard size of 100,000 units of the base currency, such as $100,000 in the case of U.S. dollars (USD). E-Micro Forex Futures, however, are one-tenth this size, or 10,000 units of base currency per contract.

What is the size of the forex market? ›

The foreign exchange or forex market is the largest financial market in the world – larger even than the stock market, with a daily volume of $6.6 trillion, according to the 2019 Triennial Central Bank Survey of FX and OTC derivatives markets.

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What is the future of the forex market? ›

Artificial Intelligence and Machine Learning

The integration of AI and machine learning algorithms is revolutionizing forex trading. These technologies have the ability to analyze vast amounts of data, identify patterns, and execute trades with precision and speed that human traders simply can't match.

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How many trading days in 2024? ›

With 6.5 trading hours on regular days and 3.5 on short days, there are a total of 127 trading hours for that month. There are exactly 252 trading days in 2024: out of a possible 366 days, there are 10 holiday closures and 104 Saturdays and Sundays. Stock market holidays are the same for the NYSE and NASDAQ.

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Foreign Exchange Global Market Report 2024 - Research and Markets (2024)

FAQs

How big is the forex market in 2024? ›

What is the size of the forex market? ›

References