Monday 14 November 2011

Forex volumes New

Become a forex trader, and buy and sell in the world's largest financial market!
Here are the key figures*:
  • Over $1.9 trillion dollars a day traded in 2004
  • That grew to $3.2 trillion by 2007 – a 70% increase
  • Daily volume is now nearly $4.0 trillion – and the market is still growing
Forex dwarfes other markets:
  • It has 11 times the daily volume of all other global exchanges combined
  • Its daily turnover is 40 times the New York Stock Exchange (NYSE)
  • $300 are traded every day for every person on the planet
  • A week's worth of forex trading is more than the annual United States GDP
The major forex trading centres are the United States, Great Britain and Japan. Market activity peaks when more than one is open.
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1 comment:

  1. aditi11 September 2017 at 04:38

    Useful information for forex traders has been discussed here. I believe having a good knowledge of market helps in framing a better trading strategy.
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