Wednesday, January 9, 2008

Forex Top Ten Traded Currencies in 2007

forex top ten currencies2007 was an interesting year for the global financial markets. Forex or foreign exchange was no different. In a year where we saw unprecedented highs and unprecedented lows for currencies. Some things remained consistent.

The USD Dollar remained the most traded currency in the world in 2007. However, the Euro gained slight ground, but remains a strong second. A newcomer to third place over the past few years is the Japanese Yen. Forth place now belongs to the British Pound.

Note: The number one forex currency pair for 2007 was the EUR/USD - a currency pair consisting of the number one and number two most traded currencies in global currency exchange.

As trends and statistics are tools for forex traders, this top ten list is presented to provide additional information to use in your overall forex arsenal.

Top 10 Traded Forex Currencies in 2007
  1. USD
  2. EUR
  3. JPY
  4. GBP
  5. CHF
  6. CAD
  7. AUD
  8. SEK
  9. HDK
  10. NOK

For more information about forex for novice to advanced forex traders, check out Forex Trading Essentials, a website containing forex tools, forex broker info, currency charts, trading systems.


Technorati tags : , , , , , , , , , , ,


Forex Trading for the currency trader whose only goal is to make money!

No comments: