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
January 26th, 2009 at 4:20 pm
Really am astonished how much money can be made from trading the forex. Thanks for update
January 26th, 2009 at 7:00 am
Do you think I can make millions trading forex? Someone teach me how!!! I’m sick of this losing bulklcrap!
January 25th, 2009 at 7:30 pm
I always thought trading stocks was as good as it gets, I now know FOREX IS BETTER THAN STOCKS!!!
January 10th, 2009 at 8:39 am
Forex really is a monster of a market, it will be trillions of dollars a day soon.
January 9th, 2009 at 9:58 am
hooray for Forex, i love it
January 8th, 2009 at 9:57 pm
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…
January 8th, 2009 at 6:23 am
there’s always room for more forex
January 7th, 2009 at 1:34 pm
woohoo for forex
January 29th, 2008 at 9:03 pm
rex Trading Sets New Records | Forex Review Blog thanks for this post! Andy
January 14th, 2008 at 5:04 am
Hi there! Found your blog on yahoo - thanks for the article but i still don\’t get it, Ronny
January 11th, 2008 at 3:04 pm
Hello! Found your blog on yahoo - thanks for the article but i still don\’t get it, Ronny
January 5th, 2008 at 3:02 pm
Hi! Found your blog on yahoo - thanks for the article but i still don\’t get it, Ronny
December 27th, 2007 at 7:01 pm
rex Trading Sets New Records | Forex Blog is a quite interesting post but quite difficult to understand for me - R.Rabe
December 26th, 2007 at 2:03 am
Hi - just wanted to say good design and blog - cu Ronny R.
October 11th, 2007 at 7:19 pm
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.