EUR/USD is the most popular currency pair. I want to know why is so.
- Joined Feb 2010 | Status: Member | 283 Posts
- Look to the left, Trade to the right
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DislikedEUR/USD is the most popular currency pair. I want to know why is so.Ignored
DislikedEUR/USD is the most popular currency pair. I want to know why is so.Ignored
DislikedProbably these reasons
1. Low spread - probably the lowest spread pair with most brokers
2. Highly liquid - lots of trading activity
3. Trendy pair - i.e. it can have sustained directional moves
4. Good volatility - it movesIgnored
DislikedWhat are the implications?
If one or more of the less stable members (ie, Italy, Greece) pulls out first, will Euro go down? Already priced in?
If one or more of the stable members (ie, Germany, France) pulls out first, will Euro go up? Already priced in?
A complete blow-out and euro is abandoned? Where does it go before it is exchanged for new script?Ignored
DislikedBecause they are the currencies of two of the world's largest economic trading powers, USA & Europe.
See here for details: http://www.investopedia.com/universi...#axzz1gVaAx2PqIgnored