By Alex Nekritin CEO, Traders Choice FX. The Forex Market. What is Forex. The Forex Market allows the end user to speculate on the movements of various currency pairs. The Forex market is the largest market in the world. The average daily trading volume is over $2 trillion USD.
Example of price movement during ISM Release 3/1/06 The ISM Manufacturing came out higher than expected which strengthened the US Dollar causing the GBP/USD to fall at 10 am eastern time.Within 10 minutes the market moved over 35 pips.
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