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Currency Pairs

Dizicx··11 min read·Dizicx logoDizicx
Currency Pairs
[Login](https://trader.dizicx.com/login) - [Trading](https://dizicx.com/currency-pairs/#) - ## Company - [About us](https://dizicx.com/about-us/) - [Why DiziCX](https://dizicx.com/why-dizicx/) - [Privacy Policy](https://dizicx.com/dizicx-privacy-policy/) - [Contact us](https://dizicx.com/contacts/) - [FAQ’s](https://dizicx.com/faq/) ## Assets - [Currency Pairs](https://dizicx.com/currency-pairs/) - [Commodities](https://dizicx.com/commodities/) - [Indices](https://dizicx.com/indices/) - [Crypto Currency](https://dizicx.com/cryptocurrencies/) ## Accounts - [Account types](https://dizicx.com/account-types/) - [Demo Account](https://dizicx.com/currency-pairs/#) - [Open New Account](https://trader.dizicx.com/register) ![](https://dizicx.com/wp-content/uploads/2024/03/Frame-427319292.png) ## Download DiziCX App ## Company - [About us](https://dizicx.com/about-us/) - [Why DiziCX](https://dizicx.com/why-dizicx/) - [Privacy Policy](https://dizicx.com/dizicx-privacy-policy/) - [Contact us](https://dizicx.com/contacts/) - 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They consist of a base currency and a quote currency. The value of a currency pair shows how much of the quote currency is needed to buy one unit of the base currency. Major pairs involve major economies like EUR/USD, while minor pairs don’t include the US dollar, and exotic pairs include one major currency and one from a developing economy. Traders speculate on currency pair values to profit from exchange rate changes. ## Most Traded Currency pairs? The most traded currency pairs in the forex market are known as the major pairs. These pairs involve currencies from the world’s largest economies and typically have the highest trading volumes. The most traded currency pairs include: - **EUR/USD** (Euro/US Dollar) - **USD/JPY** (US Dollar/Japanese Yen) - **GBP/USD** (British Pound/US Dollar) - **USD/CHF** (US Dollar/Swiss Franc) - **AUD/USD** (Australian Dollar/US Dollar) - **USD/CAD** (US Dollar/Canadian Dollar) - **NZD/USD** (New Zealand Dollar/US Dollar) These major pairs are highly liquid and widely traded, making them popular choices for traders seeking opportunities in the forex market. ![](https://dizicx.com/wp-content/uploads/2024/04/Wavy_Bus-23_Single-05-Converted-1.svg) ## 1\. EUR/USD EUR/USD is by far the most traded currency pair, making up 20% of all forex transactions. This is because it involves the two largest economies in the world – the hugely dominant US dollar, and all the countries within the Eurozone. In terms of forex trading, the extremely high daily volume of EUR/USD transactions means that the currency pair has a lot of liquidity, meaning that it can be bought and sold without too much fluctuation in the price. This means that the spreads are generally quite tight, and orders can be executed faster. ## 2\. USD/JPY The second-most traded currencies, the US dollar and the Japanese Yen, have significant investment ties and import and export a huge amount of goods between each other. Japan is known for its strong financial sector, and against the dollar, this makes for a strong pairing. ## 3\. GBP/USD Despite the two currencies fluctuating against each other throughout the turbulent 20th century, the pound and the dollar have a strong relationship. While GBP has always been ahead of the USD in value, the dollar has come close to overtaking GBP a few times, reaching GBP/USD 1.05
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