Trade Forex Trading

Which Currency Pair is the Most Active in Forex Trading?

The Most Profitable Forex Currency Pair is EURUSD - This is the most liquid currency pair which means it is also the most traded currency pair in the forex market.

The EURUSD liquidity means that this currency pair provides day traders will a lot of trading opportunities as this EURUSD currency pair is trending in one direction or the other and when a currency pair moves in a particular forex trend than trader can get the opportunity to place buy or sell trade positions depending on this trend direction.

Daily Forex Turnover of Currencies by Volumes

The USD is the most traded currency in the fx market, followed by EUR, GBP, JPY and CHF, the daily turnover volume share taken by each of these 5 forex currencies in terms of percent is illustrated and shown below:

USD - 85%

EUR - 40 %

JPY - 20%

GBP - 13 %

CHF - 9%

Since Forex transactions are in pairs the overall total will be 200 percent

For example the EURUSD pair: EUR USD = 100 % EUR + 100 % USD

Summing up the overall total of the big four currency pairs = 85 + 40 + 20 + 13 + 9 = 167 % . Note these four currency pairs are made up of five individual currencies that make up the sum total of 167%.

This percentage of the total trade transaction turnover volume is what makes these four currency pairs to be known as major currency pairs or in short "majors".

This lion share of the total turnover daily volume is also what makes these 4 the best forex pairs to trade especially among the Forex Day Traders.

The 4 major currency pairs or the big four in Forex are:

  • EUR USD
  • USDJPY
  • GBPUSD
  • USD/CHF

Which Currency Pair is the Most Active in Forex Trading?

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