Tag: DOLLAR

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07 Aug 2017

The EUR/USD

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Updated June 2020 According to the Triennial Central Bank Survey[1], trading in FX markets reached $6.6 trillion per day in April 2019, up from $5.1 trillion three years earlier. The US dollar retained its dominant currency status, being on one side of 88% of all trades. The share of trades with the euro on one … Continue reading The EUR/USD

30 May 2017

Major Currency Pairs: An Introduction

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Updated June 2020 The world’s most heavily traded currencies are the US dollar (USD), euro (EUR), Japanese yen (JPY), British pound (GBP), Australian dollar (AUD), Canadian dollar (CAD) and the Swiss franc (CHF)[1]. These are major currencies. The Forex market, however, trades in pairs – two currencies. Among other currency pairs, EUR/USD, GBP/USD and AUD/USD … Continue reading Major Currency Pairs: An Introduction