#TradingPairs101

Major currency pairs:

EUR/USD (euro/USD dollar):

The most popular pair in Forex, accounting for a significant portion of all transactions.

USD/JPY (USD dollar/Japanese yen):

The second most traded pair.

GBP/USD (British pound sterling/USD dollar):

An important pair that reflects the relationship between the economies of the United Kingdom and the USA.

USD/CHF (USD dollar/Swiss franc):

A pair that reflects the relationship between the economies of the USA and Switzerland, often used as a 'safe haven'.

AUD/USD (Australian dollar/USD dollar):

A pair that reflects the relationship between the economies of Australia and the USA, popular among traders.

USD/CAD (USD dollar/Canadian dollar):

A pair that reflects the relationship between the economies of the USA and Canada, particularly interesting due to its connection with oil prices.

NZD/USD (New Zealand dollar/USD dollar):

A pair that reflects the relationship between the economies of New Zealand and the USA.

There are also a large number of other currency pairs in Forex, referred to as 'minor' or 'exotic'.

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