Trade Forex Trading

What Currency Pairs Move the Most? - The Most Liquid Currency Pairs

The currency pairs that change the most are the Forex Major FX Pairs. These major currency pairs are the ones that move the most in forex.

Major currency pairs are the currency pairs that are the most traded currency pairs by volume of trade positions - these currency pairs are: EURUSD, USDJPY, GBPUSD & USDCHF.

Major pairs mix USD with one big currency like EUR, JPY, GBP, or CHF.

The major four currency pairs constitute the most frequently traded currency groupings globally in forex.

  • EURUSD
  • USD JPY
  • GBPUSD
  • USD/CHF

Daily Turnover of Major Currency Pairs by Volumes

The USD is the most traded currency in the fx market, followed by EUR, GBP, JPY and CHF, the daily trade turnover volume taken up by each of the 5 in terms of percent is shown:

USD - 85 %

EUR - 40%

JPY - 20%

GBP - 13 %

CHF - 9%

Forex trades pair currencies, so the total adds up to 200 percent

For instance, the EUR/USD pair: EUR USD = 100% EUR + 100% USD

The major currency pairs amount to 85 + 40 + 20 + 13 + 9 = 167%, combining values from five individual currencies that constitute this total.

  • EUR USD
  • USDJPY
  • GBP/USD
  • USDCHF

These four major currency pairs make up the biggest chunk of total trading volume. That's why traders call them the “majors.”

These four currency pairs handle the largest share of daily trading volume. That makes them the top pairs to trade, especially for day traders.

Therefore volume for the most traded currency pairs is:

Forex Major Currency Pairs = 167 % of all turnover

Other Currency Pairs Combined = 33 percentage of all turnover

Which are the Most Traded FX Pairs on the World?

Top Forex Pairs to Trade. Major pairs see the most action. Skilled traders stick to them for high liquidity and clearer moves. Focus on USD, EUR, GBP, JPY, and CHF. Their steady flow makes them easy to study and trade.

Higher liquidity leads to increased volatility, which implies that a currency is more likely to trend in a specific direction. When prices are moving in a defined direction, it is generally easier to make profits compared to situations where prices are fluctuating without a clear trend, known as a range market.

On the other hand, all the other forex pairs, also known as minor currency pairs or currency crosses only make 33% of all daily trade positions turnover & are said to be illiquid, meaning they don't have a lot of market volatility and as such most of their price movements are choppy or range bound. These means the minor currency pairs are the most hard to analyze & interpret using technical studies because they do not show defined trend movements in one particular direction (they don't move in a trend).

Examine More Tutorials and Courses:

Forex Broker