After suffering the global financial crisis, the foreign exchange market remains unstable. Volatility (deviations from the average) is off the charts, while the market volume continues to grow.

Foreign exchange market statistics indicate growth: in 2011, the average daily turnover on the FOREX (foreign EXchange) market was approximately $5 trillion, and by 2020, it is projected to increase to $10 trillion.

The unstable state of the foreign exchange market is due to the crisis in high-risk assets and the transfer of investor funds to safer financial instruments. This has led to downward trends in global financial indices, falling stock prices, and rising commodity prices.

This situation in the foreign exchange market has led to a record rise in the price of gold and its extreme volatility. Gold has always been viewed as a tangible asset, the demand for which can only grow. However, the enormous financial influx into this precious metal has created a glut of demand, resulting in very strong price fluctuations. The situation in the currency market is also exacerbated by the lack of an alternative to the US dollar. As the global reserve currency, its share of total global monetary transactions exceeds 50%. Investors, withdrawing funds from high-risk assets, for example by selling stocks, "convert" them into US dollars. Meanwhile, the US dollar and its value have long since diverged from its real value, which could be supported, among other things, by the growth of the American economy. By pumping the dollar with fictitious value and increasing its issuance, the Federal Reserve System is leading the world toward a new round of financial problems and complicating the situation in the currency market. The lack of an alternative to the US dollar only worsens the situation in global financial and currency markets.

Despite the growing statistics, currency market trends are negative. On the one hand, market volume and volatility are increasing, on the other, the crisis in high-risk assets and the overinvestment in conservative instruments are intensifying. All this leads to destabilization, complicated forecasting, and a lack of a clear outlook for the foreign exchange market. After all, when discussing the outlook for the foreign exchange market, we primarily identify its leaders and laggards. But currently, the leader of the financial and foreign exchange markets—the US dollar—is a colossus with feet of clay. And without a suitable alternative, future trends and prospects for the foreign exchange market remain shrouded in uncertainty.