Lesson No 12
It is very important for all traders to have knowledge about Forex Market Size and Liquidity, even in our normal business we take care of your market size and liquidity so that we can earn our share of profit from the existing market and traders. Regional stock exchanges works for specific period of time in a day and are closed after that time, while forex trading is totally different from this. It remains open for 24 hours a day and 5 days a week. Let have look over which currency have higher trading volume and which currency have lower trading volume in forex trading:
This chart shows that USD is at number one, EUR at number two and JPY is at number three while CAD has lowest trade in forex market.
From this chart we can say that US Dollar is the king of forex market, as it has almost 85% of market share, so we should say that Dollar is the King of the Forex Market.
