Most Traded Currency Pairs in Forex Market

The most traded currency pairs in Forex market are the following currencies relative to the US dollar: Euro, British pound, Japanese Yen, Franc from Switzerland, Australia Dollar. 

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Euro to US dollar (EUR/USD)

The most popular and traded currency pair on Forex is EUR/USD. This currency pair is one of the most highly liquid currency pairs in financial markets. This is due to the fact that it includes the two most popular global currencies: the euro and the US dollar.

British Pound to US Dollar (GBP/USD)

The second largest liquidity in the foreign exchange market is GPB/USD. This currency pair is not so popular as the euro / buck, but still it is of great interest to traders. 
GPB / USD is of interest to aggressive traders . Since this currency pair, within one day can pass up to 300 points on four characters.

US dollar to Japanese yen (USD/JPY)

This trading asset, has an average volatility. During and during the trading period, the USD / JPY currency pair to the Japanese Yen may pass 100-200 points in 4-digit terms.

Euro to the British pound (EUR/GPB)

This currency pair excludes the US dollar and is cross. That is, this trading instrument does not include American Bucks. But it is also widely used by traders in their trade.

Swiss Franc to Japanese Yen (CHF/JPY)

This is a pair, like the EUR / GPB is also cross. It does not include the American dollar in its composition. It includes some of the strongest currencies in the world: the national currencies of Switzerland and Japan.

CHF / JPY is no less in demand among traders than USD/JPY.

most-traded-currency-pairs

Quality combining the most traded pairs of currencies in Forex

This quality is the trade in national currencies of the world's leading countries. The trader minimizes trading risks , interacting in his trade, from the most stable world currencies.

Leading world currencies:

  1. The American dollar is the United States of America.
  2. Euro - Europe.
  3. Pound - Great Britain.
  4. Frank - Switzerland.
  5. The yen is Japan.

An additional advantage of the most traded pairs of currencies on the stock exchange is the minimum difference between the purchase and sale price (spread) and the commission for them. Which are exhibiting brokerage companies.

Conclusions and other currency pairs on Forex

Other pairs of currencies in the financial market are in demand among traders not as widely as those mentioned above. This is due to their too low or too high volatility and liquidity. That, depending on the trading strategy, can significantly affect the trading result. Choosing a trading tool, a trader should understand and "feel" it. A feeling must come to him whether he is suitable for him or not. 
For beginners, one should choose weakly volatile currencies, in order to avoid high risks in trading. Most likely, the EUR/USD currency pair will suit any trader to trade on Forex .

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