Forex Trading PH

What are the Forex major currency pairs?

The major currency pairs are some of the most popular currency combinations in the forex market. Prices in these pairs often move in tighter bands, but their movements can still be volatile.

 

The table below gives more details about the majors, as well as their nicknames on the market.

 

List of major currency pairs:

 

SymbolCurrencies in the pairNickname
EUR/USDEuro and US dollarFiber
USD/JPYUS dollar and Japanese yenGopher
GBP/USDBritish pound and US dollarCable
USD/CHFUS dollar and Swiss francSwissie
AUD/USDAustralian dollar and US dollarAussie
USD/CADUS dollar and Canadian dollarLoonie
NZD/USDNew Zealand dollar and US dollarKiwi
GBP/EURBritish pound and euroChunnel
EUR/CHFEuro and Swiss francEuro-swissie
EUR/JPYEuro and Japanese yenYuppy

Commodity currencies

Commodity currencies are individual currencies or forex pairs in which the price is determined largely by the value of a certain commodity whereby that currency’s economy is heavily dependent.

 

The three commodity currencies that most traders will include on a list of the ‘majors’ are:

  • AUD/USD
  • USD/CAD
  • NZD/USD

Cross currencies

Cross currency pairs are those which don’t contain the US dollar. Some traders won’t include these pairs in a collection of major currencies. We will briefly explore some of the cross currencies, which are sometimes included as majors.

 

Examples of highly-traded cross currency pairs include:

  • EUR/GBP
  • EUR/CHF
  • EUR/JPY

These three are the cross currency pairs with the most liquidity because they all contain a different combination of the traditional majors.

 

Disclaimer: All data, information and materials are published and provided “as is” solely for informational purposes only and does not constitute investment advice. Learn how to trade Forex today. Join our FREE Forex Trading seminar and be part of our growing trading economy!