What are Major Currency Pairs?
The Majors
Forex Trading Glossary
Quick Answer: Major pairs are the most traded currency pairs that always include USD (e.g., EUR/USD, GBP/USD). They have the tightest spreads and highest liquidity.
What Are the Major Currency Pairs?
The majors are the most traded currency pairs, each containing the U.S. dollar. Examples include EUR/USD, GBP/USD, USD/JPY, and USD/CHF. They account for the majority of global forex turnover.
Traits of Major Pairs
- High liquidity: Tight spreads and deep order books.
- Lower transaction costs: Ideal for day trading and scalping.
- Macro sensitivity: Respond to interest-rate expectations and global risk sentiment.
- Abundant data: Analysts and media coverage support decision-making.
Related Terms
Learn More About Forex Trading
Now that you understand the majors, explore our comprehensive guides: