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Sunday, March 22, 2009

Concentration in the Banking Industry

1.12 banks account for 75% of turnover in the U.K.
2.10 banks account for 75% of turnover in the U.S.
3.3 banks account for 75% of turnover in Switzerland
4.9 banks account for 75% of turnover in Japan

Source: BIS Triennial Survey 2007

Technical Analysis

Commonly used technical indicators:

*Moving averages
*RSI
*Fibonacci retracements
*Stochastics
*MACD
*Momentum
*Bollinger bands
*Pivot point
*Elliott Wave

Currencies

The US dollar is involved in over 80% of all foreign exchange transactions, equivalent to over US$2.7 trillion per day

Currency Codes

-USD = US Dollar
-EUR = Euro
-JPY = Japanese Yen
-GBP = British Pound
-CHF = Swiss Franc
-CAD = Canadian Dollar (Sometimes referred to as the "Loonie")
-AUD = Australian Dollar
-NZD = New Zealand Dollar

Average Daily Turnover by Currency



Source Link:
http://www.goforex.net/forex-market-snapshot.htm

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