Cryptocurrency Q&A
When did foreign exchange trading start?
When did foreign exchange trading start?
MatthewThomas
Tue Feb 18 2025
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5
answers
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I'm curious about the origins of foreign exchange trading. Specifically, I want to know when it all began, the history behind this global financial activity.
5 answers
Martina
Wed Feb 19 2025
The foreign exchange market has since grown into the largest financial market globally in terms of trading volume.
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CryptoMaven
Wed Feb 19 2025
The inception of modern foreign exchange trading dates back to the 1970s.
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benjamin_rose_author
Wed Feb 19 2025
It operates on a 24-hour basis, catering to traders across different time zones worldwide.
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HanRiverVisionary
Wed Feb 19 2025
This era marked a significant shift as countries started abandoning the fixed Bretton Woods system.
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Lorenzo
Wed Feb 19 2025
Instead, they adopted floating exchange rates, which allowed for more flexibility in currency valuation.
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