Day: March 14, 2015

 

Basics of the Forex Markets

The Forex (foreign exchange) markets are the biggest and most liquid in the world. Every day about 4 Trillion US dollars (USD) are turned over on that market. Compare that with 50 Billion/d on the New York Stock Exchange and the GDP of the UK/yr being 2.9 Trillion USD. A UK Trillion is 1000 Billions. For some other figures (which may vary) see here. Average daily volume of trading on Forex has been increasing byRead More