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I - T R A D E F X |
Forex Overview |
The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of over US$1.9 trillion -- larger than the combined volume of all U.S. equity markets.
For speculators, the trading opportunities that are most commonly traded (and therefore most liquid) currencies, called "the Majors." Today, approximately 85% of all daily transactions involve trading of the Majors, which include the US Dollar, Japanese Yen, Euro, British Pound, Swiss Franc, Canadian Dollar and Australian Dollar.
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