EUR/USD which is most traded currency in the world would have won at least three nominations and would have taken home the award for highest trading volumes, worldwide popularity and the lowest spread. At this very time operate the largest financial centres of London, Frankfurt, Zurich, Chicago, Toronto. First steps in Forex trading start with choosing a reliable broker and trading platform. There is a huge variety of currency pairs available for trading in the Forex market. GBP/USD (British pound/US dollar) currency pair is the third level of liquidity Forex instrument. The pair pound/dollar is a convenient tool for professional traders who prefer aggressive short-term strategy.
Operations account for about 12 of the total trading volume on the foreign exchange market. Someone chooses the most popular assets with which it is convenient to operate because of the easy access to information that someone is betting on a rare currency in the hope that they are less volatile. It is undoubtedly, one of the best currency pairs to trade. AUD/USD and USD/CAD currency pairs are characterized with much less liquidity. This group includes the following popular currency pairs: AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, GBP/AUD, GBP/CHF, GBP/JPY, NZD/JPY. This allows investors to trade on the EUR/USD not only in the spot market, but also to use derivatives such as futures, options, CFDs. You may sustain a loss of some or all of your invested capital, therefore, you go forex trading strategy should not speculate with capital that you cannot afford to lose. Dollar and between each of them.