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Activity in Global Foreign Exchange Markets

Author

Listed:
  • Samual Nightingale

    (Reserve Bank of Australia)

  • Crystal Ossolinski

    (Reserve Bank of Australia)

  • Andrew Zurawski

    (Reserve Bank of Australia)

Abstract

According to a recent BIS survey, turnover in foreign exchange markets continued to increase between April 2007 and April 2010. Growth was slower than in earlier years, consistent with a slowdown in the underlying demand for foreign exchange owing to the impact of the global financial crisis on international trade and investment. In an exception to this trend, spot turnover increased significantly, driven in part by the ongoing expansion of high-frequency trading.

Suggested Citation

  • Samual Nightingale & Crystal Ossolinski & Andrew Zurawski, 2010. "Activity in Global Foreign Exchange Markets," RBA Bulletin (Print copy discontinued), Reserve Bank of Australia, pages 45-52, December.
    • Handle: RePEc:rba:rbabul:dec2010-06
    as

    Download full text from publisher

    File URL: https://www.rba.gov.au/publications/bulletin/2010/dec/pdf/bu-1210-6.pdf
    Download Restriction: no
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