The Ultimate Guide to Major Currency Pairs
BY TIOmarkets
|February 3, 2026What’s Included in This Article
This guide explains:
- What a currency pair is
- What are the major currency pairs in forex
- The best forex pairs to trade for beginners
- What moves major currency prices
- When and how to trade forex major currency pairs
What Is a Currency Pair?
In forex trading, currencies are traded in pairs, not alone. A currency pair shows how much one currency is worth compared to another.
For example, in EUR/USD, the euro is compared to the US dollar. If the price goes up, it means the euro is stronger than the dollar.
Every currency pair has:
- A base currency (first currency)
- A quote currency (second currency)
Overview of Major Currency Pairs
Major currency pairs are the most traded pairs in the forex market. They always include the US dollar (USD) and one other strong global currency.
Forex major currency pairs are popular because they:
- Have high trading volume
- Offer lower spreads
- Move more smoothly than exotic pairs
- They are easier to analyse
This makes them some of the best forex pairs to trade, especially for new traders.
List of Major Currency Pairs
Below is a clear table showing the major currency pairs in forex:
| Currency Pair | Countries Involved |
| EUR/USD | Eurozone / USA |
| GBP/USD | UK / USA |
| USD/JPY | USA / Japan |
| USD/CHF | USA / Switzerland |
| AUD/USD | Australia / USA |
| USD/CAD | USA / Canada |
| NZD/USD | New Zealand / USA |
These pairs account for the largest share of global forex trading.
Major Currency Pairs for Beginners
If you are new to forex trading, major pairs are a good place to start.
They are suitable for beginners because they:
- Have lots of market data
- React well to technical analysis
- Have fewer sudden price spikes
- Are supported by most brokers
Beginner-friendly major currency pairs include:
- EUR/USD
- GBP/USD
- USD/JPY
These pairs are easier to follow and trade compared to less liquid markets.
Factors That Influence the Price of Major Currency Pairs
The price of major currency pairs changes due to several key factors.
Economic data plays a big role. This includes inflation, interest rates, and job reports from major economies.
Central bank decisions also move prices. When central banks change interest rates, currency values often react quickly.
Global events such as elections, wars, or financial crises can cause strong price movements.
Because major currency pairs involve strong economies, they respond clearly to news and data.
Best Time to Trade Major Currency Pairs
Timing matters in forex trading.
Major currency pairs are best traded during high market activity, when large financial centers are open.
Best trading sessions include:
- London session
- New York session
- Overlap between London and New York
During these times, spreads are usually lower, and price movement is stronger.
How Are Currency Pairs Calculated?
Currency pairs are priced based on supply and demand in the forex market.
If more traders buy a currency, its value rises.
If more traders sell it, the value falls.
The price shows how much of the quote currency is needed to buy one unit of the base currency. This price constantly changes as traders enter and exit the market.
Steps to Start Trading Forex Majors
Starting with major currency pairs is simple if you follow the right steps.
- Choose a regulated forex broker
- Open a trading account
- Learn how major currency pairs move
- Start with a demo account
- Trade small and manage risk
Major pairs are ideal for building confidence and experience.
Frequently Asked Questions
What is the most predictable forex pair?
EUR/USD is often seen as the most predictable forex pair. It has high liquidity and responds well to technical analysis and economic news.
What is the safest currency to trade?
No forex trade is completely safe. However, major currency pairs are generally safer than exotic pairs because they are more stable and liquid.
Conclusion
Major currency pairs are the foundation of forex trading. They offer stability, high liquidity, and clearer price movement compared to other pairs. Whether you are new or experienced, trading forex major currency pairs can help you understand the market and manage risk more effectively.
Starting with majors gives you a strong base for long-term forex trading success.
Key Takeaways
- Major currency pairs always include the US dollar
- They are the most traded pairs in forex
- They offer lower spreads and better liquidity
- They are ideal for beginners and experienced traders
- EUR/USD, GBP/USD, and USD/JPY are among the best forex pairs to trade
Trade popular forex major currency pairs with TIOmarkets and enjoy low spreads, fast execution, and a secure trading environment.
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