Which countries are the biggest movers and shakers in global forex markets?
The world’s top 10 markets are now worth over $2 trillion in total assets, and they’re all on the rise.
Forex trading in the US is expected to increase by 30% in 2019, while it’s expected to gain over 50% by 2020.
The US has a huge advantage in terms of its size, wealth and geographical location, says Michael L. Crampton, a portfolio manager at Wealthfront, an online investment service.
But the US market has also been a hotbed for geopolitical turmoil.
The global economy has been battered by the economic turmoil and political upheaval in Ukraine and Russia.
Russia, in particular, has been accused of using its economic might to destabilise Ukraine and to influence the election in the country.
For many traders, forex in the UK is also an attractive place to buy and sell.
The UK is a trading partner of Russia, so traders can trade their currencies with the country without fear of the US authorities imposing a financial blockade.
The UK’s trading partners in the EU also have an advantage in the currency market, where the bloc has a strong market share.
The European Central Bank has been pushing for a tougher stance on Russia, and its European Union-Russia trade relationship has been a cause of frustration for Britain.
In addition, Britain’s own Brexit vote and its exit from the European Union have made it more difficult for the country to secure a deal with Russia for its energy exports.
The world’s biggest forex market has a history of volatility.
The market has seen highs and lows over the years, but it’s only recently that the market has been able to reach the heights seen today.
The global economy and geopolitics have caused a huge surge in global trading.
The current price action has come on the heels of a massive rally that took place in December.
That rally saw global equity markets rise by over 200% over the past year, as investors were looking to cash in on the global financial crisis.