How Forex Trading Ranges Have Expanded Since 2007

We all know that the daily trading range of the major currency pairs have expanded, but by how much?

Compared to 2007, the daily average trading range for the EUR/USD year to date has increased 195%. The average range for GBP/USD has increased 150% while the range for USD/JPY has expanded by 140%.

Since the beginning of October, the ranges have exploded even further. The average trading range for the EUR/USD is now 300% greater than the range in 2007.

The biggest increase has been in EUR/AUD and the AUD/USD which saw their ranges rise by a jaw-dropping 628% and 427% respectively!

Here is a table with all of the details (click to enlarge):

Source: Kathy Lien