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What is the Dollar Trading Volume of EUR/USD and other currencies per day?
I have tried to research it myself but only found vague answers.
Even GPT 4 couldn't provide answers, except that Dollar Trading Volume of the entire forex market is 6.6 trillion dollars per day. But what is for EUR/USD and other currency pairs specifically?
It'll be much appreciated if somebody could share that info.
Many thanks,
Patrick
Can you help answer these questions from other members on NexusFi?
With spot forex being an over-the-counter, decentralized and minimally regulated market, the data is always going to be an estimate. You can find the daily trading volume for forex futures trading at the CME (https://www.cmegroup.com/market-data/delayed-quotes/fx.html) but that only represents a very small amount, relative to the cash over-the-counter market.
