• CurrenciesFx.com

The Forex Market Statistics

Forex Market StatisticsWith a daily turnover of $7.5 trillion per day, the Foreign Exchange Market is the largest and most liquid financial market in the world.

 

Highlights

  • The size of the entire Foreign Exchange market is estimated more than 2.4 quadrillion USD
  • More than 170 currencies are traded on the global Foreign Exchange market
  • USD is a component of 88.5% of the overall FX trading turnover, while EUR/USD remains the largest currency pair (22.7%)
  • London remains the most important Forex center in the world, followed by New York
  • Five organizations hold a 44% share of the entire global Forex market
  • There are over 14 million active Forex traders worldwide, most of them are located in Asia, and the great majority of them are men (89%)
  • Retail trading accounts account only for 5.5% of the entire market’s turnover
  • The MetaTrader platforms dominate the online Foreign Exchange market (91%)

Forex Trading Calendar

COMPARE THE PERFORMANCE OF FOREX CURRENCY PAIRS

Compare the periodic performance of Forex pairs based on research starting January 2000 and ending October 2018.

Table: Compare the performance of 7 Forex pairs based on historical data (2000-2018)

PERFORMANCE EURUSD GBPUSD USDJPY USDCAD USDCHF AUDUSD NZDUSD
MONTH (PER MONTH)
 (1) JANUARY -0.66% 0.08% -0.13% 0.50% 0.34% -0.14% -0.36%
 (2) FEBRUARY -0.36% -1.02% 0.25% 0.19% 0.05% 0.22% -0.03%
 (3) MARCH 0.32% -0.10% 0.51% -0.22% -0.26% 0.32% 0.26%
 (4) APRIL 0.78% 1.30% 0.05% -1.11% -0.34% 1.29% 0.90%
 (5) MAY -0.72% -0.57% -0.09% -0.18% 0.45% -1.12% -0.80%
 (6) JUNE 0.62% 0.42% -0.22% -0.17% -0.92% 0.85% 0.67%
 (7) JULY 0.11% 0.24% -0.22% 0.04% -0.03% 0.20% 0.14%
 (8) AUGUST -0.19% -0.94% -1.13% 0.08% 0.04% -1.07% -0.94%
 (9) SEPTEMBER 0.40% 0.39% 0.25% -0.31% 0.06% -0.13% 0.11%
(10) OCTOBER -0.70% -0.37% -0.20% 0.73% 0.15% 0.32% 0.46%
(11) NOVEMBER 0.12% -0.24% 0.89% -0.03% -0.26% -0.14% 0.15%
(12) DECEMBER 1.40% 0.05% 0.91% 0.18% -1.64% 0.55% 1.76%
QUARTER (PER QUARTER)
A' QUARTER -0.69% -1.03% 0.63% 0.46% 0.12% 0.41% -0.12%
B' QUARTER 0.69% 1.15% -0.26% -1.46% -0.80% 1.02% 0.77%
C' QUARTER 0.32% -0.31% -1.11% -0.19% 0.07% -1.00% -0.69%
D' QUARTER 0.82% -0.56% 1.59% 0.88% -1.75% 0.73% 2.37%
SEMESTER (PER SEMESTER)
1st SEMESTER 0.02% 0.08% 0.35% -1.02% -0.72% 1.41% 0.54%
2nd SEMESTER 1.34% -0.67% 0.66% 0.98% -1.40% 0.07% 1.70%

Source: G. Protonotarios for CurrenciesFx.com (c) 2000-2018

Decoding the Forex Order Book

An order book is a ledger showing the Depth of the Market (DoM) consisting of a complete list of buying and selling orders..Order Book Trading Analysis

An order book can be used for quantifying the market’s intentions in the short term.

 

“With the advent of electronic trading, markets have moved to a system in which liquidity provision has become decentralized...The rule-driven execution of orders in these limit order books and the extensive data that is available for order-driven markets makes them ideal candidates for stochastic modeling.” (2)

What is an Order Book?

An order book is a ledger showing the Depth of the Market (DoM) consisting of a complete list of buying and selling orders for a particular financial-traded asset at a particular time. Every trading order in the book includes price and volume. Every exchange uses an order book to record, match, and execute trading orders.

Forex Market Volumes

Foreign Exchange Market VolumesForeign Exchange Market Volumes

Volume is a leading market indicator that can help traders to recognize strong trends and reversals, but also to identify the current market phase and to think ahead of the current price action.

 

In general, analyzing market volumes can be helpful in:

  • Evaluating the strength of a price trend

  • Confirming the breakout of a key support/resistance level

  • Recognizing the market phases of accumulation/distribution

  • Indicating signs of potential price reversal

  • Optimizing the time to enter/exit the market