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Most traded currency pairs

Discussion in 'Forex Trading Room' started by 5STARSFX, Dec 28, 2015.

  1. 5STARSFX

    5STARSFX New Member

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    Most traded currency pairs
    There are many official currencies that are used all over the world, but there only a handful of currencies that are traded actively in the Forex market. In currency trading, only the most economically/politically stable and liquid currencies are demanded in sufficient quantities. For example, due to the size and strength of the United States economy, the American dollar is the world's most actively traded currency.
    In general, the eight most traded currencies (in no specific order) are the U.S. dollar (USD), the Canadian dollar (CAD), the euro (EUR), the British pound (GBP), the Swiss franc (CHF), the New Zealand dollar (NZD), the Australian dollar (AUD) and the Japanese yen (JPY). Mathematically 27 pairs can be formed from above 8 currencies but only 18 pairs has been quoted by the Forex market makers. Pairs at 5stars Forex: USD/CAD EUR/JPY, EUR/USD EUR/CHF, USD/CHF EUR/GBP, GBP/USD AUD/CAD, NZD/USD GBP/CHF, AUD/USD GBP/JPY, USD/JPY CHF/JPY, EUR/CAD AUD/JPY, EUR/AUD AUD/NZD

    See more: https://www.5starsforex.com/
     
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