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What are the 4 major forex pairs?

Published
2 min read

The four major forex pairs, also known as the "majors" or "major currency pairs," are the most traded currency pairs in the foreign exchange (forex) market. They consist of the most widely used and highly liquid currencies.The four major currency pairs are:

  1. EUR/USD (Euro/US Dollar):

    • The Euro is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. It is paired with the U.S. Dollar, and this currency pair is one of the most traded in the world.
  2. USD/JPY (US Dollar/Japanese Yen):

    • The U.S. Dollar is paired with the Japanese Yen, representing a significant currency pair in the forex market. Both currencies play crucial roles in the global economy, and this pair is widely traded.
  3. GBP/USD (British Pound/US Dollar):

    • The British Pound (GBP) is paired with the U.S. Dollar, forming another major currency pair. It is often referred to as "Cable" in forex trading.
  4. USD/CHF (US Dollar/Swiss Franc):

    • The U.S. Dollar is paired with the Swiss Franc in this major currency pair. Switzerland's stable economy and financial system contribute to the popularity of this pair in the forex market.

These major currency pairs are characterized by high liquidity, which means they typically have tight bid-ask spreads and are less prone to extreme volatility compared to some other currency pairs. Traders and investors often focus on these pairs due to their liquidity and the availability of information and analysis in the financial markets. However, it's important to note that market conditions can change, and the popularity of currency pairs may evolve. Always refer to the latest market data for the most up-to-date information.

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