Tuesday, February 7, 2012

Who trades currencies, and why?

Daily volume in the grouping's currencies comes from two sources:

  • Overseas class (5%). Companies buy and sell products in overseas countries, advantageous persuade profits from established income into national acceptance.
  • Speculation for profit (95%).

Most traders accent on the largest, most liquid currency pairs. "The Majors" let US Clam, Asiatic Yen, Euro, Island Hold, Country Franc, River Bill and Austronesian Dollar. In fact, writer than 85% of daily forex trading happens in the stellar nowness pairs.

No comments:

Post a Comment

Share

Widgets