{"id":1464,"date":"2025-11-22T05:02:07","date_gmt":"2025-11-22T05:02:07","guid":{"rendered":"https:\/\/globaleasyforex.com\/blog\/?p=1464"},"modified":"2026-04-05T12:28:06","modified_gmt":"2026-04-05T11:28:06","slug":"7-major-forex-pairs-and-what-is-unique-for-each","status":"publish","type":"post","link":"https:\/\/globaleasyforex.com\/blog\/7-major-forex-pairs-and-what-is-unique-for-each\/","title":{"rendered":"7 Major Forex Pairs and What is unique for each?"},"content":{"rendered":"\n<p><a href=\"https:\/\/globaleasyforex.com\/blog\/forex-pairs-major-minor-exotic-and-beyond\/\" data-type=\"post\" data-id=\"2806\">A <strong>forex pair<\/strong> (or currency pairs)<\/a> consists of two currencies that are traded against each other in the foreign exchange market. The first currency in the pair is known as the <strong>base currency<\/strong>, while the second currency is referred to as the <strong>quote currency<\/strong>. For example, in the forex pair <strong>EUR\/USD<\/strong>, the euro (EUR) is the base currency, and the U.S. dollar (USD) is the quote currency. The value of the pair reflects how much of the quote currency is needed to purchase one unit of the base currency.<\/p>\n\n\n\n<p>In <a href=\"https:\/\/globaleasyforex.com\/blog\/what-are-forex-trading-and-commodity-trading\/\" data-type=\"post\" data-id=\"1575\">forex market<\/a>, currency pairs can be classified into three main categories: <strong>major pairs<\/strong>, <strong><a href=\"https:\/\/globaleasyforex.com\/blog\/what-are-minor-non-major-pairs-in-the-forex-market\/\" data-type=\"post\" data-id=\"2555\">minor pairs<\/a><\/strong> (also known as cross-currency pairs), and <strong><a href=\"https:\/\/globaleasyforex.com\/blog\/what-are-exotic-pairs-in-the-forex-market\/\" data-type=\"post\" data-id=\"2571\">exotic pairs<\/a><\/strong>. Forex <em>major pairs<\/em> are called \u201cmajor\u201d because they involve the <strong>most traded currencies in the world<\/strong>. They are paired with the <strong>U.S. Dollar (USD)<\/strong>, which is the most traded currency (as today). The major pairs tend to dominate global trading due to their <strong>high liquidity, tight spreads, and economic importance<\/strong>. These pairs account for the majority of forex trading volume globally. They represent the largest economies, making them kind of a central to global finance. Because they\u2019re heavily traded, transaction costs are lower compared to minors or exotics.<\/p>\n\n\n\n<p>Here are the 7 major Forex pairs\u2014the most traded currency pairs in the world\u2014and a detailed explanation of how each one behaves differently so traders can better understand how to approach them.<\/p>\n\n\n\n<p>Major pairs all include the US Dollar (USD) because it is the world\u2019s <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-a-reserve-currency\/\" data-type=\"post\" data-id=\"4178\">reserve currency<\/a>, drives global trade, and dominates international finance. Although they are all \u201cmajors,\u201d each pair has its own volatility profile, reaction to news, <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-spread-as-in-the-forex-market\/\" data-type=\"post\" data-id=\"2690\">spread cost<\/a>, and trading personality. This is not financial advice, only compilation of what happened to be in the past.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">1. <a href=\"https:\/\/globaleasyforex.com\/blog\/eur-usd-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1473\">EUR\/USD<\/a> \u2013 The King of Forex<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Most liquid currency pair in the world<\/li>\n\n\n\n<li>Often has the lowest spreads<\/li>\n\n\n\n<li>Responds strongly to Eurozone data and US macroeconomics<\/li>\n\n\n\n<li><a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-price-action-in-trading\/\" data-type=\"post\" data-id=\"2470\">Price action<\/a> tends to be smooth, making it popular for beginners and advanced traders<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Moves heavily during London and New York sessions<\/li>\n\n\n\n<li>Best for trend followers and intraday traders<\/li>\n\n\n\n<li>Lower volatility compared to GBP\/USD and USD\/JPY<\/li>\n\n\n\n<li>Responds to ECB interest rate decisions and <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-nfp-nonfarm-payrolls-and-how-does-it-affect-markets\/\" data-type=\"post\" data-id=\"2713\">US NFP<\/a> very clearly<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">2. <a href=\"https:\/\/globaleasyforex.com\/blog\/gbp-usd-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1477\">GBP\/USD<\/a> \u2013 \u201cThe Cable\u201d<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Known for high volatility and large moves<\/li>\n\n\n\n<li>Liquidity is high but not as deep as EUR\/USD<\/li>\n\n\n\n<li>UK news (BoE decisions, <a href=\"https:\/\/globaleasyforex.com\/blog\/what-are-inflation-and-deflation\/\" data-type=\"post\" data-id=\"1999\">inflation<\/a> reports) cause sharp spikes<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Daily ranges can be 50\u2013150 <a href=\"https:\/\/globaleasyforex.com\/blog\/what-are-pips-in-forex-and-other-markets\/\" data-type=\"post\" data-id=\"2841\">pips<\/a><\/li>\n\n\n\n<li>More sensitive to political events (Brexit aftermath still influences it)<\/li>\n\n\n\n<li>Best for experienced traders who can handle whipsaws<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">3. <a href=\"https:\/\/globaleasyforex.com\/blog\/usd-jpy-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1502\">USD\/JPY<\/a> \u2013 The Safe-Haven Pair<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Moves largely based on <a href=\"https:\/\/globaleasyforex.com\/blog\/interest-rate-and-central-bank-policy-cycles-the-macroeconomic-pendulum\/\" data-type=\"post\" data-id=\"2385\">interest rate<\/a> differentials<\/li>\n\n\n\n<li>The Japanese Yen (JPY) is considered a safe-haven currency<\/li>\n\n\n\n<li>Traders often see unusual moves during global risk-off events<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tight spreads but sudden spikes possible<\/li>\n\n\n\n<li>BoJ (Bank of Japan) interventions can cause explosive moves<\/li>\n\n\n\n<li>Great for breakout and <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-momentum-in-financial-market\/\" data-type=\"post\" data-id=\"3097\">momentum<\/a> strategies<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">4. <a href=\"https:\/\/globaleasyforex.com\/blog\/usd-chf-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1508\">USD\/CHF<\/a> \u2013 The \u201cSafe-Haven vs Safe-Haven\u201d Pair<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Swiss Franc (CHF) is also a <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-safe-haven-assets\/\" data-type=\"post\" data-id=\"3067\">safe-haven currency<\/a><\/li>\n\n\n\n<li>Often moves opposite to risk sentiment<\/li>\n\n\n\n<li>Liquidity is good but not as high as EUR\/USD or USD\/JPY<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tends to be range-bound more often<\/li>\n\n\n\n<li>Correlates negatively with EUR\/USD<\/li>\n\n\n\n<li>Spreads slightly higher, but still manageable<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">5. <a href=\"https:\/\/globaleasyforex.com\/blog\/aud-usd-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1523\">AUD\/USD<\/a> \u2013 The Commodity Currency Pair<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Australia\u2019s economy depends on minerals, gold, iron ore<\/li>\n\n\n\n<li>Commodities and China\u2019s economy heavily influence it<\/li>\n\n\n\n<li>More predictable swings during Asian session<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Great for traders who prefer slower, more technical movements<\/li>\n\n\n\n<li>Sensitive to:\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/globaleasyforex.com\/blog\/what-factors-affect-gold-price\/\" data-type=\"post\" data-id=\"1719\">Gold prices<\/a><\/li>\n\n\n\n<li>Chinese manufacturing data<\/li>\n\n\n\n<li>Risk sentiment<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Works well with trend-following strategies<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">6. <a href=\"https:\/\/globaleasyforex.com\/blog\/usd-cad-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1530\">USD\/CAD<\/a> \u2013 Oil-Driven Pair<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Canada is a major oil exporter, so CAD rises when oil rises<\/li>\n\n\n\n<li>Called the \u201cLoonie\u201d<\/li>\n\n\n\n<li>Moves strongly during US data releases and oil market volatility<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Best for traders who track <a href=\"https:\/\/globaleasyforex.com\/blog\/wti-vs-brent-crude-oil-comparing-the-worlds-big-oil-benchmarks\/\" data-type=\"post\" data-id=\"4435\">WTI crude oil<\/a><\/li>\n\n\n\n<li>Has moderate spreads<\/li>\n\n\n\n<li>More volatile during New York session due to Canadian and US market overlap<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">7. <a href=\"https:\/\/globaleasyforex.com\/blog\/nzd-usd-currency-pair-profile-and-timing\/\" data-type=\"post\" data-id=\"1537\">NZD\/USD<\/a> \u2013 The \u201cKiwi\u201d<\/h2>\n\n\n\n<p>Why It\u2019s Unique<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Commodity currency like AUD, but more volatile<\/li>\n\n\n\n<li>New Zealand is a major exporter of dairy and <a href=\"https:\/\/globaleasyforex.com\/blog\/agricultural-commodities-the-grain-of-civilization\/\" data-type=\"post\" data-id=\"1700\">agricultural goods<\/a><\/li>\n\n\n\n<li>Very sensitive to global risk-on sentiment<\/li>\n<\/ul>\n\n\n\n<p>What Traders Should Know<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Moves during Asian session like AUD\/USD<\/li>\n\n\n\n<li>Tends to have <a href=\"https:\/\/globaleasyforex.com\/blog\/what-is-trends-and-ways-traders-identify-them\/\" data-type=\"post\" data-id=\"2190\">consistent trends <\/a>but lower liquidity<\/li>\n\n\n\n<li>Responds heavily to RBNZ rate decisions<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A forex pair (or currency pairs) consists of two currencies that are traded against each other in the foreign exchange market. The first currency in the pair is known as the base currency, while the second currency is referred to as the quote currency. For example, in the forex pair EUR\/USD, the euro (EUR) is [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2558,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[56,146],"tags":[9,110,31],"class_list":["post-1464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex","category-technical-knowledge","tag-forex","tag-fundamental","tag-usd"],"_links":{"self":[{"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/posts\/1464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/comments?post=1464"}],"version-history":[{"count":3,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/posts\/1464\/revisions"}],"predecessor-version":[{"id":4453,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/posts\/1464\/revisions\/4453"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/media\/2558"}],"wp:attachment":[{"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/media?parent=1464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/categories?post=1464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globaleasyforex.com\/blog\/wp-json\/wp\/v2\/tags?post=1464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}