and the US currency was involved in 86.3% of transactions, followed by the euro (37.0%), the yen (16.5%), and sterling (15.0%) (see table). Line that volume percentages should tot up to 200%: 100% for all the sellers and 100% for all the buyers.
Long-term trends: Currency markets often move in visible long-term trends. Although currencies do not have an annual growing Forex Trading System season like natural commodities, line cycles do make themselves felt. Cycle analysis looks at longer-term cost trends that may rise from trade or political trends.