12 Major Currency Pairs – What Are They and How Can You Benefit From Them?

By sticking to the most popular pairs in Forex (called major pairs), you know that you have the most liquidity:

Husband

Currencies (NICKNAME)

EUR / USD

EUR/USD (Viber)

US dollar / Japanese yen

US Dollar / Japanese Yen (Govern)

British pounds / US dollars دولار

GBP/USD (Cable)

US dollar / Swiss franc

US Dollar / Swiss Franc (Swiss)

US dollar / Canadian dollar

US dollar / Canadian dollar (lon)

Australian dollar / US dollar

Australian dollar / US dollar (Australian)

New Zealand dollar / US dollar

New Zealand dollar / US dollar (Kiwi)

Some currency pairs are more volatile than others. This makes them better to use for trades as they go. The best currencies to trade are those of countries that play a major role in the global economy (these are called “currencies”).G7The Group of Seven was formed in 1976, when Canada joined the Group of Six: France, Germany, Italy, Japan, the United Kingdom, and the United States.

You will notice that the spread on “major pairs“There are far fewer G7s than less popular pairs from vulnerable countries with chronic economic and political instability. Example: The spread on the EUR/USD is between 1.5 and 3 pips because the major component countries of the Euro and the United States are both G7 countries.

Take South Africa, for example. I think Nelson Mandela is a wonderful man. His story is classic.Think and grow rich“An example of a definite main goal and a definite desire having turned his dream into reality. But I do not trust the WACKO government which has developed not only from white hatred against blacks (apartheid) but also against blacks against whites. Change happened in a very fast way in South Africa and because of That is now an unstable third world political economy.A law of benefit equal to or greater than the political economic tragedy in South Africa will come but it will be in the future as I write this.

Because of this, the spread on the USD/ZAR pair is around 60 pips – 20 times more expensive to trade than the EUR/USD – reflecting the high instability of this African political economy.

The safest place to learn forex trading is the EUR/USD pair where a full 1/3 of all forex trading occurs. Then, after you know what you’re doing, you can check out other pairs in the list below. For example, there are some cross pairs that are also useful for trading. So when we add the two strongest of the common crossings and remove the two weakest of the major items from the above TRADABLES list, here’s an alternative set to trade:

Husband

Currencies (NICKNAME)

EUR / USD

EUR/USD (Viber)

US dollar / Japanese yen

US Dollar / Japanese Yen (Govern)

British pounds / US dollars دولار

GBP/USD (Cable)

US dollar / Swiss franc

US Dollar / Swiss Franc (Swiss)

US dollar / Canadian dollar

US dollar / Canadian dollar (lon)

British Pounds / Japanese Yen

EUR/JPY cross (Geppy)

EUR/GBP

Euro/Cross Cable (Chunnel)

The eighteen are negotiable

There are many official currencies in use around the world, but there are only a few that are actively traded in the forex market. In currency trading, only the most economically and politically stable countries have currencies that are in circulation enough to be liquid. For example, due to the size and strength of the US economy, the US dollar is the most traded currency in the world.