Popular Currency Pairs Forex

3 Most Popular Currency Pairs in Forex Trading Posted on March 19, 2018 March 21, 2018 by trade12broker Being the largest and highest liquidity in the world, the forex market can be difficult to understand. 3 Most Popular Currency Pairs in Forex Trading Posted on March 19, 2018 March 21, 2018 by trade12broker Being the largest and highest liquidity in the world, the forex market can be difficult to understand. The question often comes up among forex traders (especially newer ones) as to which are the most traded currency pairs. There’s no central source of information from which we can figure out how the various currency pairs rank, but we can look to the periodic surveys done my the central banks. What Are the Major Forex Currency Pairs Each of these Major Currency has a symbol which is very much alike to stocks except that these are Forex currencies. At the same time, just like some stocks (IBM for Big Blue as an example), these heavily traded currencies have nicknames as well. Best online binary options trading.

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We use both of these brokers and proudly promote them! Key Concept: The Major Forex Currency Pairs If you are trading Forex, even as a beginner, you will, sooner or later, come across this term called “The Majors.” Basically, the Majors are the World’s most heavily traded currencies and they are EUR (Euro), USD (US Dollar), JPY (Japanese Yen), GBP (Great British Pound), AUD (Australian Dollar), and lastly CHF (Swiss Franc). What Are the Major Forex Currency Pairs Each of these Major Currency has a symbol which is very much alike to stocks except that these are Forex currencies. At the same time, just like some stocks (IBM for Big Blue as an example), these heavily traded currencies have nicknames as well.

While it is really not quite important that you know the nicknames, it come in good reference because experience traders often use these nicknames when talking about these major currencies. Below are the nicknames for each currencies Australian Dollar (AUD) = Aussie (what’s up mate!) Canadian Dollar (CAD) = Loonie (Not the same a Lonnie Tunes) Swiss Franc (CHF) = Swissy (Certainly not sissy at all) Euro (EUR) = Euro (that’s not really a nickname lol) Great Britain Pounds (GBP) = Cable (has an interesting history why it’s called Cable) Japanese Yen (JPY) = Yen (no nickname here too) New Zealand Dollar (NZD) = Kiwi (like the fruit) American Dollar (USD) = Buck (we all know it’s green in color) So what are the Major Forex Currency Pairs? You get a Major Forex Currency Pair when you pair any of these majors against the USD (yep, that’s the big brotheryou probably know anyways). So when you pair a major currency, for example GBP, against USD, you get a major Forex currency pair in GBPUSD. Since there are 8 major currencies, when you pair all of them up against the USD, you naturally get 7 Major Forex Currency Pairs and each of them has their own combo nicknames now. AUDUSD = Aussie Dollar USDCAD = Dollar Lonnie USDCHF = Dollar Swissy EURUSD = Euro Dollar GBPUSD = Pound Dollar USDJPY = Dollar Yen NZDUSD = Kiwi Dollar. Major Forex Currency Pairs Make Up 72% of Forex Trading Volume Courtesy: dailypriceaction.com These are the most traded and most liquid pairs available. binary options trading truth Free binary options strategy 2017 video.