WOW! Forex Trading Sets New Records
September 16, 2007
Semi-annual Forex trading volume data was published, and the Forex market has continued to grow. Trade volume is up across the board, and trillions are changing hands every day. Truly incredible what forex trading online can net you in the long run. USD/JPY is the most traded currency by online forex traders. Here are the details the growth of FX trading and where the most volume is being dealt (on the interbank level):
Currency Trading Volume or Turnover per Day
UK: $1.33 trillion in April, up 21% from last year
http://www.bankofengland.co.uk/markets/forex/fxjsc/fxturnresults070731.pdf
US: $618 billion in April, up 6.6% from last year
http://www.newyorkfed.org/fxc/2007/fxc073107.pdf
Japan: $240.3 billion in April, up 19.2% from last year
http://www.fxcomtky.com/reports/pdf_file/announce56_e.pdf
Singapore: $233 billion in April, up 40% since October
www.sfemc.org/statistics/Semiannual_surveyApr07data.doc
Canada: $55.5 billion in April, up 5.5% from last year
http://www.cfec.ca/files/cfec_webtablesapril07.pdf
I always thought trading stocks was better than forex, but when I see you can make thousands of dollars in a minute, i’d rather trade the forex.
eve online isk
Hi – just wanted to say good design and blog – cu Ronny R.
Ronny Rabe
Hi! Found your blog on yahoo – thanks for the article but i still don\’t get it, Ronny
Ronny Rabe
Hello! Found your blog on yahoo – thanks for the article but i still don\’t get it, Ronny
Ronny Rabe
Hi there! Found your blog on yahoo – thanks for the article but i still don\’t get it, Ronny
Ronny Rabe
rex Trading Sets New Records | Forex Review Blog thanks for this post! Andy
Ronny Rabe
woohoo for forex
payday
there’s always room for more forex
yorker
Yea, but where does all those trillions go? Who controls them, and where can I get some? I only want a few million, and I’ll be happy…
tonik
hooray for Forex, i love it
ForexDuder
Forex really is a monster of a market, it will be trillions of dollars a day soon.
buuukak
I always thought trading stocks was as good as it gets, I now know FOREX IS BETTER THAN STOCKS!!!
hhhello
Do you think I can make millions trading forex? Someone teach me how!!! I’m sick of this losing bulklcrap!
dakota
Really am astonished how much money can be made from trading the forex. Thanks for update
albenza