Wednesday, November 18, 2009

What are commonly traded currency pairs (Majors) in forex trading?

Majors are the most liquid and widely traded currency pairs in the world. Trades involving majors make up about 90% of total Forex trading. The Majors are: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD and USD/CAD.

Symbol

Country

Currency

USD

United States

Dollar

EUR

Euro members

Euro

GBP

Great Britain

Pound

JPY

Japan

Yen

CHF

Switzerland

Franc

CAD

Canada

Dollar

AUD

Australia

Dollar


GBP/USD is the only currency pair with its own name. It is known as "Cable" but there are also lots of abbreviations for other currency pairs such as

Symbol

Known As

EUR/USD

Euro

GBP/USD

Cable

GBP/JPY

Geppy

AUD/USD

Aussie

NZD/USD

Kiwi

USD/CAD

Loonie

USD/CHF

Swissy

USD/JPY

Gopher

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