The US Dollar, Euro, and Japanese Yen are among the most traded currencies in the FOREX market, thanks to their liquidity and global economic influence
Historically, the Deutsche Mark was seen as Europe's blue-chip currency—often ranking among the top two in liquidity and trading volume among European currencies before the euro took over
In 1992, Soros famously bet a billion dollars against the British Pound during Black Wednesday, profiting enormously as the currency sharply declined
How much did Soros make off the trade?
Estimates suggest Soros netted around $1 billion from that famous trade, marking one of the most iconic moves in currency trading history
What are the top three currencies by FOREX trading?
The US Dollar, Euro, and Japanese Yen are among the most traded currencies in the FOREX market, thanks to their liquidity and global economic influence
What did the German DM rank when it was traded before being replaced by the euro?
Historically, the Deutsche Mark was seen as Europe's blue-chip currency—often ranking among the top two in liquidity and trading volume among European currencies before the euro took over