What are the curriences with more volumes ?
...
then the first 6 are :
gbp jpy
gbp usd
usd chf
eur usd
usd cad
usd jpy
I am enlightened...If I had to guess I would have thought that the EUR/USD was the heaviest with cable being second...Thanks!
ES
Frameguy's information is obviously wrong.
The highest volume is EUR/USD, followed distantly by GBP/USD, USD/CHF and UCD/JPY.
This is the reason why it is called the 4 Majors. Eurodollar does about 2x the volume of the other majors.
Why do you think the spread is 2 pips on the Euro? Volume/liquidity.
Frameguy's information is obviously wrong.
The highest volume is EUR/USD, followed distantly by GBP/USD, USD/CHF and UCD/JPY.
This is the reason why it is called the 4 Majors. Eurodollar does about 2x the volume of the other majors.
Why do you think the spread is 2 pips on the Euro? Volume/liquidity.and the 6 Majors for volumes ?
That's your homework to find out the other 2 currencies after the Majors.
Several of the books I've read state that in 2006/2007, over 60% of currency volume is in E/U.
I do not know the statistics today, but that speaks for itselfs.
^ The problem is that your chart is wrong.
MT4, ECN, Futures, Spot...it doesn't matter. EUR/USD still has the most volume.
Expiry options are such a small part that it has negligible effect on the spot market. And most options are used as hedges.
Currencies with Volumes
Hope this helps. Apparently My Chart was wrong. I hope you copied it.
Currencies with Volumes
Good luck guys.
POST A CHART. Don't BS!
Here is some actual volume data for those interested
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What are the curriences with more volumes ?
thank's