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Approximately what is the daily turnover in the global fx markets (in USD equivalent)?
Suggested Answer: C
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40 comments · newest first
LA
Lai
11 months ago
Wow, I had no idea it was that high!
HE
Hector
11 months ago
50 trillion? Really? That sounds exaggerated!
GA
Galen
11 months ago
I agree, 500 billion seems too small too.
YU
Yuki
12 months ago
Definitely not 5 billion, that's way too low!
RE
Reuben
1 year ago
I think it's around USD 5 trillion per day.
MA
Madonna
1 year ago
I remember reading that the FX market is massive, possibly over USD 5 trillion, but I’m not entirely sure.
DE
Deeann
1 year ago
I practiced a similar question, and I think the answer was around USD 500 billion, but that seems low now.
QU
Queen
1 year ago
I vaguely recall something about it being in the trillions, maybe around USD 5 trillion?
TH
Thurman
1 year ago
I think the daily turnover is way higher than USD 5 billion, but I can't remember the exact figure.
LA
Latosha
1 year ago
I've got a good feeling about option C - USD 5 trillion per day. That sounds like the right ballpark for the global forex market's daily turnover.
DA
Dalene
1 year ago
I'm a bit unsure about this one. The forex market is massive, but I'm not sure if the daily turnover is in the trillions. I'll need to do some quick research to get a better sense of the scale.
IZ
Izetta
1 year ago
Okay, let's see. I know the forex market is huge, but USD 50 trillion per day seems way too high. I'm going to eliminate that one.
EA
Earlean
1 year ago
Hmm, this seems like a tricky one. I'll need to think carefully about the scale of the global forex market to narrow down the options.
JO
Josephine
2 years ago
I bet the person who wrote this question is rolling in the dough from the global FX markets. Lucky them!
AV
Avery
2 years ago
D, USD 50 trillion per day? Come on, that's gotta be a trick question. I'm sticking with B.
BA
Barrett
2 years ago
C) USD 5 trillion per day
VA
Vanna
2 years ago
B, USD 500 billion per day? That sounds more reasonable than USD 50 trillion per day.
LE
Lezlie
2 years ago
D) USD 50 trillion per day
RI
Rikki
2 years ago
C) USD 5 trillion per day
CR
Crista
2 years ago
B) USD 500 billion per day
LY
Lynelle
2 years ago
A) USD 5 billion per day
MI
Mirta
2 years ago
B) USD 500 billion per day
AL
Alaine
2 years ago
A) USD 5 billion per day
DA
Danica
2 years ago
I believe it's C) USD 5 trillion per day because the forex market is massive and trades in trillions.
TA
Taryn
2 years ago
I'm not sure, but I think it's between B) USD 500 billion per day and C) USD 5 trillion per day.
JA
Jade
2 years ago
That's a huge amount! I would go with C) USD 5 trillion per day too.
GA
Gayla
2 years ago
I'm totally lost on this one. Maybe I should've paid more attention in my economics class.
LI
Lizette
2 years ago
I'm going with C, USD 5 trillion per day. Seems like the most realistic option here.
WI
Willie
2 years ago
Yeah, I agree. The global fx market is massive.
ED
Edelmira
2 years ago
Yeah, that seems like the most likely answer.
VI
Vilma
2 years ago
I think C is the correct answer too. It's a huge market.
CU
Curtis
2 years ago
I think it's C too, USD 5 trillion per day.
ES
Esteban
2 years ago
I think it's C) USD 5 trillion per day.
SE
Serita
2 years ago
Whoa, USD 50 trillion per day? That's more money than I'll ever see in my lifetime!
SC
Scarlet
2 years ago
C) USD 5 trillion per day
DI
Dierdre
2 years ago
That's a mind-blowing amount of money!
KA
Kanisha
2 years ago
D) USD 50 trillion per day
DA
Darell
2 years ago
C) USD 5 trillion per day
BR
Breana
2 years ago
B) USD 500 billion per day
GR
Gretchen
2 years ago
A) USD 5 billion per day