Global currency trading volume is growing by the day
Global foreign exchange market continues attracting both institutional investors and individual traders. Forex traders are not discouraged by the drop of the Forex volatility to its all-time lows, or by the increase in the negative debt market volume up to $17 trillion, or by the horror stories that about 90% of beginner traders go bankrupt. According to the Bank for International Settlements, trading in the global foreign exchange market has jumped to the highest-ever level at $6.6 trillion. This is about 30% higher than $5.1 trillion recorded in 2016.
The U.S….
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