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Markets & forex — the basics · Brief

03 · Currency pairs (majors)

  1. 1Brief
  2. 2Drill
  3. 3Quiz
  4. 4Lesson complete
Brief

Major pairs all include the US dollar. The seven classic majors: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD, NZD/USD.

They concentrate ~75% of global volume. Their spreads are the tightest, their liquidity the deepest, their behaviour the most studied. They are the gateway.

EUR/USD alone accounts for ~24% of forex volume. If you are starting out, it is the instrument to know inside out before any other.

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