The US dollar and the Chinese Yuan account for more than half of all the trading volume in the foreign exchange market.

Name: The US dollar and the Chinese Yuan account for more than half of all the trading volume in the foreign exchange market.
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The US dollar is indeed the most traded currency, but the Euro, not the Chinese Yuan, typically ranks as the second most traded currency. Together, the US dollar and the Euro account for more than half of all the trading volume in the foreign exchange market.

The US Dollar and the Chinese Yuan Account for More