The daily volume of trading in the foreign exchange market is:
A) $75 million.
B) $100 million.
C) $500 billion.
D) $2 trillion.
E) $5 trillion

Question

Quizplus · Accepted Answer

As of my knowledge cutoff in 2023, the foreign exchange market, also known as Forex or FX, is the largest financial market in the world, with a daily trading volume of around $5 trillion. This figure can fluctuate based on various economic conditions, market activity, and reporting methodologies, but it gives a general sense of the immense size and liquidity of the FX market.

The Daily Volume of Trading in the Foreign Exchange Market