What are the 7 major pairs in forex?

The "major pairs" in the forex market refer to the most traded currency pairs. They are highly liquid and represent some of the world's largest economies. The seven major pairs consist of the U.S. dollar (USD) paired with other major currencies. Here they are:

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

   • This is the most traded currency pair in the world, representing the Eurozone and the United States.

2. USD/JPY (US Dollar/Japanese Yen):

   • This pair involves the U.S. dollar and the Japanese yen, and it is known for its liquidity.

3. GBP/USD (British Pound/US Dollar):

   • The British pound and the U.S. dollar form this pair, representing the United Kingdom and the United States.

4. USD/CHF (US Dollar/Swiss Franc):

   • The U.S. dollar is paired with the Swiss franc in this currency pair.

5. AUD/USD (Australian Dollar/US Dollar):

   • This pair involves the Australian dollar and the U.S. dollar, reflecting the economies of Australia and the United States.

6. USD/CAD (US Dollar/Canadian Dollar):

   • The U.S. dollar is paired with the Canadian dollar, representing the United States and Canada.

7. NZD/USD (New Zealand Dollar/US Dollar):

   • The New Zealand dollar and the U.S. dollar form this currency pair, reflecting the economies of New Zealand and the United States.

These major currency pairs are popular among traders due to their liquidity, which means there is generally a high level of trading activity, tight spreads, and lower transaction costs compared to less liquid currency pairs. Traders often focus on major pairs for their stability and ample trading opportunities.