Aug 15, 2011

Forex Market Overview

Forex Market Overview


The following facts and figures relate to the foreign exchange market. Much of the information is drawn from the 2010 Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity conducted by the Bank for International Settlements (BIS) in April 2010. 53 central banks and monetary authorities participated in the survey, collecting information from 1,309 market participants.

Excerpt from the BIS:

"The 2010 triennial survey shows another significant increase in global foreign exchange market activity since the last survey in 2007, following the unprecedented rise in activity between 2004 and 2007. Global foreign exchange market turnover was 20% higher in April 2010 than in April 2007. This increase brought average daily turnover to $4.0 trillion (from $3.3 trillion) at current exchange rates...The higher global foreign exchange market turnover in 2010 is largely due to the increased trading activity of “other financial institutions” – a category that includes nonreporting banks, hedge funds, pension funds, mutual funds, insurance companies and central banks, among others. Turnover by this category grew by 42%, increasing to $1.9 trillion in April 2010 from $1.3 trillion in April 2007." - BIS


  • Decentralised 'interbank' market
  • Main participants: Central Banks, commercial and investment banks, hedge funds, corporations & private speculators
  • The free-floating currency system arose from the collapse of the Bretton Woods agreement in 1971
  • Online trading began in the mid to late 1990's

Source: BIS Triennial Survey 2010

Trading Hours

  • 24 hour market
  • Sunday 5pm EST through Friday 4pm EST.
  • Trading begins in the Asia-Pacific region followed by the Middle East, Europe, and America


  • One of the largest financial markets in the world
  • $4.0 trillion average daily turnover, equivalent to:
    • More than 12 times the average daily turnover of global equity markets1
    • More than 50 times the average daily turnover of the NYSE2
    • More than $500 a day for every man, woman, and child on earth3
    • An annual turnover more than 10 times world GDP4
  • The spot market accounts for over one-third of daily turnover
1. About $320 billion - World Federation of Exchanges aggregate 2009
2. About $70 billion - World Federation of Exchanges 2009
3. Based on world population of 6.9 billion - US Census Bureau
4. About $58 trillion - World Bank 2009.

Source: BIS Triennial Survey 2010

Major Markets

  • The US & UK markets account for over 50% of daily turnover
  • Major markets: London, New York, Tokyo
  • Trading activity is heaviest when major markets overlap5
  • Nearly two-thirds of NY activity occurs in the morning hours while European markets are open6
5. The Foreign Exchange Market in the United States - NY Federal Reserve
6. The Foreign Exchange Market in the United States - NY Federal Reserve

Average Daily Turnover by Geographic Location

Source: BIS Triennial Survey 2010
Concentration in the Banking Industry
  • 9 banks account for 75% of turnover in the U.K.
  • 7 banks account for 75% of turnover in the U.S.
  • 2 banks account for 75% of turnover in Switzerland
  • 8 banks account for 75% of turnover in Japan
Source: BIS Triennial Survey 2010

Technical Analysis

Commonly used technical indicators:

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


  • The US dollar is involved in over 80% of all foreign exchange transactions, equivalent to over US$3.3 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

N.B. Because two currencies are involved in each transaction, the sum of the percentage shares of individual currencies totals 200% instead of 100%.
Source: BIS Triennial Survey 2010

Currency Pairs

  • Majors: EUR/USD (Euro-Dollar), USD/JPY, GBP/USD - (commonly referred to as the "Cable"), USD/CHF
  • Commodity currencies: USD/CAD, AUD/USD, NZD/USD - (commonly referred to as the "Kiwi")
  • Major crosses: EUR/JPY, EUR/GBP, EUR/CHF

Average Daily Turnover by Currency Pair

Source: BIS Triennial Survey 2010

Junior QC Urgently Needed

Job Title
Junior QC
Job Type
Full Time
1. Develop and execute test plans for complete software solutions.
2. Develop and execute test cases and start the process 
3. Develop and execute different manual and automated testing to ensure product is up to the standards of quality. 
4. Trace the bugs till closure. 
5. Performs all types of testing
• Excellent knowledge of Manual Testing concepts and skills. 
• Good Knowledge of Automation Testing Tools, Bug life cycle& Bug tracking and reporting using TFS is a plus.
Education Major
B Sc. of IT, CS, IS, or Engineering is preferred.
2 years’ experience.
Please send resumes with job title in the mail subject
Job Contact Email

مندوب تسويق ومبيعات - الرفاعى للزيوت النباتية

الرفاعى للزيوت النباتية
Job Title
مندوب تسويق ومبيعات
Job Type
Full Time
يفضل صاحب خبرة سابقة بمجال الصناعات الغذائية ، حيث ان المنتج الرئيسي للتسويق هو “زيت زيتون” وستكون المهام بيعية وتسويقية وليست بيعية فقط لانه منتج جديد على سوق القاهرة، يفضل للمتقدم ان يكون من قاطنى القاهرة ، سنعرض مرتب ثابت وعمولة مجزية، ونرجوا من المتقدم كتابة ملخص عن خبرته فى هذا المجال فى الايميل المرسل مع السيرة الذاتية.
Education Major
خبرة على الاقل عام فى مجال التسويق والبيع والتوزيع ويفضل المواد الغذائية
Job Contact person
خليل الشريف
Job Contact Email

محاكمة حسنى مبارك بث مباشر15-8-2011

شاهدة محاكمة حسنى مبارك بث مباشر15-8-2011
, مشاهدة الجلسة الثانية من محاكمة حسنى مبارك البث المباشرنية اونلاين 
 اذاعة محاكمة مبارك بث مباشر جلسة 15 اغسطس 2011 
 مشاهدة محاكمة حسنى مبارك بث مباشر 
   مشاهدة محاكمة حسنى مبارك الان مباشر الجلسة الثانية
  مشاهدة محاكمة مبارك مباشر اونلاين جلسة 2 
 مشاهدة الجلسة الثانية محاكمة مبارك 15-8-2011 بث مباشر
تغطية ومتابعة محاكمة مبارك 15 اغسطس بث حى

وظائف اليوم 15 أغسطس 2011

Personal Banker - وظائف بالبنك الاهلى المتحد

Customer Support Specialist - وظيفة متخصص دعم عملاء - بنك الاسكندرية

Language Teachers مدرسين لغات بدولة السعودية - دار الخبرة


Retail Account Officer بنك بى ان بى باريبا

Officer - Billing & Collection موظف تحصيل وفواتير

Account Manager (Sales) وظائف خالية - وظائف فى راية - مبيعات

Service Coordinator (Luxor) وظائف خالية - وظيفة منسق خدمة - الاقصر

Service Coordinator (Qena) وظائف خالية - وظيفة منسق خدمة - قنا

Service Coordinator (Aswan) وظائف خالية - وظيفة منسق خدمة - اسوان

Service Coordinator (Sohag) وظائف خالية - وظيفة منسق خدمة - سوهاج

Service Coordinator (Minia) وظائف خالية - وظيفة منسق خدمة - المنيا

administration & E-Marketing Specialist وظائف خالية - وظيفة متخصص تسويق - ادارى - بالاسكندرية

Customer coordinator وظائف خالية - وظيفة منسق عملاء - بالاسكندرية

وظائف فندق جى دبليو ماريوت القاهرة


Training Coordinator وظائف خالية - وظيفة منسق تدريب


Production Planning Specialist وظائف خالية - وظيفة متخصص انتاج وتخطيط - شركة ادوية


Warehouse Keeper وظائف خالية - وظيفة امين مخزن


Software marketing - Saudi Arabia وظائف خالية - وظيفة تسويق برامج - دولة السعودية


Internal Auditor - Saudi Arabia وظائف خالية - وظيفة مراجع داخلى - دولة السعودية


Accountant وظائف خالية - وظائف محاسبين - المحلة الكبرى


Chief Accountant وظائف خالية - وظيفة رئيس حسابات


Sales Coordinator وظائف خالية - وظيفة منسق سيلز


Database Administrator Supervisor وظائف خالية - وظيفة ادارى داتا بيز


Administrative وظائف خالية - وظيفة ادارى


Operation وظائف خالية - وظيفة

Web Developer-Designer وظائف خالية - وظيفة مصمم ومطور مواقع - ديفلبور

Receptionist وظائف خالية - وظيفة موظفة استقبال - بالاسكندرية

Sales Executive وظائف خالية - وظيفة تنفيذى مبيعات - حديثى التخرج

Service Coordinator (Sohag)


- Support and solve problems which face the pension Tellers in the point of Sale. – Help in deploy the new services in the government entities, accounting units and banks. – Assisting customers in filling technical forms and questionnaires. – Handling Customers relations and understanding the customer needs. – Selected Candidates are to receive training on different accounting units applications
-Qualifications 1- Required Candidates must be Residents of Sohag 2. Computer Proficiency, ICDL or MOS Certification is preferred 3. Graduate of the Faculty of Commerce 4. Minimum two years prior experience 5. Fast learner, Selected candidates will receive training on different applications of accounting units



Education major Accounting


3 – 5


Salary (L.E.) Negotiable

Comments Only Sohag residents required


Send CV – Subject Mail : Title Job

Sales Executive - Interact


-Preparing sales plans and reports , achieve sales target and quotas, report to management the customer relationships, Identify sales prospects and contact these and other accounts as assigned.
-Qualifications Ability to persuade and influence others. Strong interpersonal and communication skills, ability to work under pressure as part of a team




0 – New Graduate


Other Skills •IT background •The successful candidate must have excellent computer skills, Microsoft office and Internet

Salary (L.E.) Negotiable

Comments Kindly mention the subject in your email : Sales Executive and the job code.


Send CV – Subject Mail : Title Job

Receptionist - Healthylifeclinic


مطلوب لعيادة راقية بسيدى جابر-الاسكندرية:

موظفة استقبال (بمرتب مجزى) بالمواصفات الاتية:

1- مهارات تواصل عالية (سواء بالتحدث بلباقة للعملاء او بالرد على التليفون ).

2- مهارات كمبيوتر ( MS office – انترنت – …. )

3- تنظيم حسابات و ترتيب مواعيد العيادة.

4- القدرة على الابتكار و ايجاد حلول عملية لحسن استخدام الوقت.

5- يفضل من لدية لغة انجليزية جيدة جدا.

6- يفضل من لديه مهارات تصميم “photoshop”.


Send CV – Subject Mail : Title Job

Web Developer-Designer


- Adobe Creative Suite (Photoshop and InDesign)



- CSS 2.1

- JavaScript, AJAX and familiarity with the jQuery framework

- Knowledge of usability and coding practices for accessibility

- HTML5 and CCS3 are preferable

- Experience with modern web APIs – Facebook, LinkedIn, Twitter, and REST/ JSON Web Services is a plus

- Exposure to any object-oriented programming language such as C#,, MVC3 is a plus

- Interpersonal skills and the ability to collaborate actively and proactively with others in a cross- functional team

- Self-motivated and self-managed with a high degree of analytical ability and intellectual

curiosity under tight time constraints

- Conduct ongoing research of web-based user interface development best practices

- Ability to work both in a collaborative team environment and independently

- Excellent verbal and written communication skills

- Fluency in English


Send CV – Subject Mail : Title Job



min 2 years experience in the shipping & freight field


contact numbers : 22631650 – 22631651 – 22623925 , fax : 22604267 ,



star capital finance company seeking back office team

Full Time(8 hs) Address : kornesh el Maadi Job Requirements : – Excellent knowledge english. – Excellent Knowledge office package -Ambitious: self confident – motivated- can work under pressure – Ability to learn new skills very fast – Fresh graduate – accepted female only Salary depending on qualifications + Comission phone


Send CV – Subject Mail : Title Job

number :0116166677

Database Administrator Supervisor


Database Administrator Supervisor for Multiskills Company
we are looking for : Database Administrator Supervisor

Language : Good in English

Computer Skills : Good in computer

Additional Skills :Communication & Presentation skills,Hard working,Team Work Preferable and Work under pressure.


Send CV – Subject Mail : Title Job

Sales Coordinator


we need single girl will hire in a factory produce mattresses, polyester fiber , her qualifications : has sales skills ,can deal with customers ,promote the products of the factory , image wise ,English perfect ,has a car to meet customers outdoor ¶


Send CV – Subject Mail : Title Job

contact numbers : 22631650 – 22631651 – 22623925

fax : 22604267

Chief finance officer CEO

Urgently needed for a leading construction company located In New Cairo: 1. Chief finance officer CEO: General Requirements: *A...