The cashbackforexpipcalculator cashback forex calculator Onl cashbackforexprofitcalculatore industry cashbackforexcalculatorOnline one of the most stressful industries in the world However, often the more difficult things which exist more interesting phenomena, the foreign exchange industry also exists a lot of interesting facts, these interesting facts make a boring industry become lively and vivid Today I will take you to enjoy the interesting facts of the foreign exchange industry! Before 1908, U.S. banks could print their own cashback forex The Federal Reserve was only formally established in 1908 Before the Federal Reserve was formally established, any U.S. bank could issue its own currency This phenomenon insinuates a lack of fiscal control in a country as a result The modern foreign exchange market began in 1973 Foreign exchange trading has a long history of No one can say exactly when foreign exchange trading began but the modern foreign exchange market began in 1973 This is also the dividing line between the abolition of the Bretton Woods system after World War II and the advent of the era of floating exchange rates The history of foreign exchange trading goes back to biblical times We think the history of the foreign exchange market is not long, but experts and scholars believe that foreign exchange trading is by The evolution of money transactions money transactions in the exchange agent as early as the Talmud has been recorded, of course, this type of exchange agent will also charge a commission or fee The worst currency fluctuations in history Todays exchange rate fluctuations are small However, there is a foreign exchange history of the most serious currency fluctuations in the event that the Zimbabwean dollar in 2008 to the other extreme This event became the history of The most severe currency fluctuations recorded, the inflation rate was astonishingly high at 6,500,000,000,000% I wish you hadnt been long on the Zimbabwe dollar at the time The average daily global foreign exchange trading volume is enough to buy how many cars you can buy? The average daily trading volume in the foreign exchange market has reached $5.1 trillion in 2016This is enough money for you to buy 2 nice little cars for every family in the United States The UK is the largest foreign exchange market in the world Because the US dollar is the worlds common currency, many people may think that the US is the center of foreign exchange tradingThe truth is that 41% of global foreign exchange trading The UK is the worlds largest foreign exchange market because the US dollar is the worlds common currency, so many people may think that the US is the center of foreign exchange trading. The British pound was the global currency in 1913, almost half of the global foreign exchange transactions involving the pound GBP/USD was called Cable Cable refers to the pound and the dollar currency pair in 1858, fiber optic technology and global communications satellite technology has not yet emerged, the United Kingdom and the United States only through the Atlantic Ocean between the two countries laid a cable (Cable), used to transmit the two countries The telegraph information to this day, these cables are still transmitting the currency trading information between the two countries, so the GBP/USD currency pair is also called Cable The vast majority of retail forex traders can not maintain a consecutive year of profit Every forex trader wants to profit in the foreign exchange market but most people are not good at trading According to the survey, 99.6% of retail forex traders are unable to Do to 4 consecutive quarters in profit Deutsche Bank is the worlds largest foreign exchange player Although Germany is a relatively small foreign exchange market, Deutsche Bank is the worlds largest player in the currency market, its market share of 14.6% Citi followed by 12.3%, Barclays for 11% of the worlds top 10 players occupy 80% of the foreign exchange market share
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