Hello,
Is there a way I can check how much money goes through a particular market pair in a given day, week, month and year?
I am trying to build up a particular mental representation of the Major forex currencies ( top 10 currency pairs on a scale of volume?)
Thanks in advance
Most Traded Forex Pairs
EUR/USD – By far the most trade currency pair is the euro-dollar cross. It’s lost some market share but still accounts for 23% of all forex trades with over €1.1 trillion in daily average turnover.
USD/JPY – The next most traded pair is the US dollar and Japanese yen. USD/JPY accounts for 17.7% of trades, with around $900 billion transacted each day.
GBP/USD – Cable trades have increased as a percentage of the forex market in the last three years, with GBP/USD accounting for 9.2% of all currency trades. That’s worth $470 billion daily. Brexit volatility may mean trades have increased further since the survey took place in April.
AUD/USD – The Aussie cross represents 5.2% of the forex market with daily volume of $266 billion.
USD/CAD – Accounting for 4.3% of the market, $218 billion is transacted in this pair every day.
USD/CNY – The renminbi is rising and the yuan-dollar cross is now worth $192bn daily, or around 3.8% of the market.
USD/CHF – The Swissy is less important than it used to be, but still accounts for 3.5% of global forex trading volumes.
USD/MXN – Mexico’s peso plays second fiddle to the renminbi these days. This pair is now 2.1% of the market.
EUR/GBP – The first non-dollar pair – the euro-pound cross represents 2% of global forex volumes.
