What are the Major Currency pairs in FX Market?

Forex market is basically a currency-exchange market. Traders from all over the world exchange different pair of currencies and earn profit. It is also an important factor in forex market which currency pair,you choose for trading. You must choose your currency pairs Wisely to gain profit. In this article we'll tell you about the major currencies pair of Forex Market.. It will help you while Trading.

These are the four major currencies pair EUR/USD, USD/JPY, GBP/USD, USD/CHF in the market. EUR/USD – Euro Dollar

,USD/JPY – Dollar Yen, GBP/USD – Pound Dollar, USD/CHF – Dollar Swiss Franc. Some of the pairs are actively traded in the world. the EUR/USD considered as a Major Pair. US Dollar (USD) is the worlds dominant currency and the Euro (EUR) is the second most-traded. EUR/USD is the world's most actively traded currency pair representing more than 20% of forex transactions. Currency pairs without USD currency called Cross Pairs. The EURJPY is an example of a Cross Pair. If you are a new comer in forex Market .Choose currency pairs like EUR/USD or the USD/JPY. According to the Bank for International Settlement (BIS) the US Dollar and the Euro are the two most traded currencies in the world and EUR/USD is the most traded pair.

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