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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 670.92+0.1%Nov 7 4:00 PM EST

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Hawkmoon
mary-ally-smith
To: cycleupcycledown who wrote (89251)1/24/2017 7:30:51 AM
From: John Pitera2 Recommendations   of 218584
 
The Global currency markets trade 5.1 Trillion dollars of FX everyday...that was t interbank market is 20 times the size of the currency futures markets.he Bloomberg estimate from this past month........ the nice aspect of the cme currency futures is that they are heavily and actively arbitraged by various bank trading desks so the prices do not deviate from the interbank market much.

The volume of the big currencies trading companies like FXCM... help to make the market even deeper.... there are dozens of those.

the amount continually goes up over time......... the. So one needs to be fairly cautious in trying to read how the currency markets are positioned with the COT reports.

The volume in the USD index on a given day is about 1/10 of the 7 or 8 or 8 major currencies compare the volume on the CME

cmegroup.com

they have a pull down menu where you can see the EUR, JPY, GBP, CHF, AUD, CAD, NZD, even the mexican peso is doing a lot of volume on the cme futures with the trump election.

the ICE futures where the USD is traded is not that active

futures.tradingcharts.com

John
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