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Questions and Answers
Which market has a larger size, the global forex market or the total global gross domestic product (GDP) of 194 countries?
Which market has a larger size, the global forex market or the total global gross domestic product (GDP) of 194 countries?
- The total global gross domestic product (GDP) of 194 countries
- It is not mentioned in the text
- The global forex market (correct)
- Both have the same size
What is the average daily trading volume of the forex market in April 2021?
What is the average daily trading volume of the forex market in April 2021?
- $93.86 trillion
- $6.6 trillion
- $7.5 trillion (correct)
- $2 trillion
Which currency pair is the most commonly traded in the world?
Which currency pair is the most commonly traded in the world?
- EUR/USD (correct)
- USD/JPY
- GBP/USD
- USD/EUR
What percentage of all forex transactions involve the U.S. dollar?
What percentage of all forex transactions involve the U.S. dollar?
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Which countries accounted for 78% of all forex trading?
Which countries accounted for 78% of all forex trading?
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