Forex Currencies: The Four Major Pairs
  1. Forex Currencies: Introduction
  2. Forex Currencies: Trading Strategies
  3. Forex Currencies: Ways To Trade
  4. Forex Currencies: The Four Major Pairs
  5. Forex Currencies: The EUR/USD
  6. Forex Currencies: The USD/JPY
  7. Forex Currencies: The GBP/USD
  8. Forex Currencies: The USD/CHF
  9. Forex Currencies: Commodity Pairs (USD/CAD, USD/AUD, USD/NZD)
  10. Forex Currencies: Currency Cross Rates
  11. Forex Currencies: Emerging Market Currencies
  12. Forex Currencies: Conclusion

Forex Currencies: The Four Major Pairs

By Brian Perry

In forex trading, four major currency pairs are the most popular:
  • EUR/USD: The euro and the U.S. dollar
  • USD/JPY: The U.S. dollar and the Japanese yen
  • GBP/USD: The British pound sterling and the U.S. dollar
  • USD/CHF: The U.S. dollar and the Swiss franc

These pairs are discussed in the following segments, along with the role of each currency in the economy of its country (and the world) and the factors affecting the currency's movement. (Learn more about how pairs are traded in Finding Profit In Pairs.)

Forex Currencies: The EUR/USD

  1. Forex Currencies: Introduction
  2. Forex Currencies: Trading Strategies
  3. Forex Currencies: Ways To Trade
  4. Forex Currencies: The Four Major Pairs
  5. Forex Currencies: The EUR/USD
  6. Forex Currencies: The USD/JPY
  7. Forex Currencies: The GBP/USD
  8. Forex Currencies: The USD/CHF
  9. Forex Currencies: Commodity Pairs (USD/CAD, USD/AUD, USD/NZD)
  10. Forex Currencies: Currency Cross Rates
  11. Forex Currencies: Emerging Market Currencies
  12. Forex Currencies: Conclusion
RELATED TERMS
  1. Major Pairs

    The four forex pairs which are considered to be the most heavily ...
  2. Currency Pair: EUR/USD (Euro/U.S. Dollar)

    The abbreviation for the euro and U.S. dollar (EUR/USD) pair ...
  3. USD/CHF (U.S. Dollar/Swiss Franc)

    The abbreviation for the U.S. dollar and Swiss franc (USD/CHF) ...
  4. GBP/USD (British Pound/U.S. Dollar)

    The abbreviation for the British pound and U.S. dollar (GBP/USD) ...
  5. USD/JPY (U.S. Dollar/Japanese Yen)

    The abbreviation for the U.S. dollar and Japanese yen (USD/JPY) ...
  6. Currency Pairs

    Two currencies with exchange rates that are traded in the retail ...
RELATED FAQS
  1. How can I trade in cross currency pairs if my forex account is denominated in U.S. ...

    The forex market allows individuals to trade on nearly all of the currencies in the world. However, most of the trading is ... Read Answer >>
  2. How is the value of a pip determined?

    Learn how the pip is used in the pricing of a currency pair in forex trading, and see how the foreign exchange market is ... Read Answer >>
  3. How do you make money trading money?

    Investors can trade almost any currency in the world. Investors, as individuals, countries, and corporations, may trade in ... Read Answer >>
  4. What are the most common currency pairs traded in the forex market?

    There are many official currencies that are used all over the world, but there only a handful of currencies that are traded ... Read Answer >>
  5. Why is the U.S. dollar shown on the top of some currency pairs and on the bottom ...

    All currencies are traded in pairs. The first currency in the pair is called the base currency while the second is called ... Read Answer >>
  6. What is the value of one pip and why are they different between currency pairs?

    In forex markets, currency trading is done on some of the world's most powerful currencies. The major currencies traded are ... Read Answer >>

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