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This cite says the average daily volume of EUR/USD trades is half a trillion a day: https://www.currenciesfx.com/index.php/eur-usd https://www.currenciesfx.com
by treis 7y ago
This cite says the average daily volume of EUR/USD trades is half a trillion a day:
https://www.currenciesfx.com/index.php/eur-usd https://www.currenciesfx.com/index.php/eur-usd
So hundreds of billions of dollars a year is small relative to the volumes being traded.
- conjecTech 7y agoVery little of that is true demand. That corresponds to 10x American GDP annualized.