MAJOR PAIRS
I thought I would have a section on what relationship pairs have,
And where they get their strength, I'm going to start with the main two pairs,
I don't want to put lots of writing down,
so I'm going to do this a bit at a time probably two to three pairs each night,
The EUR/USD is the pairing of the euro and the United States dollar. The EUR/USD is the most traded currency pair in the world, accounting for nearly 30% of the total daily volume in FX. This sheer volume makes it incredibly liquid. EUR/USD is highly sensitive to fundamental news announcements released by the U.S., and due to its popularity, traders can access a wealth of analytical information.
The NZD/USD is the pairing of the New Zealand dollar and the United States dollar. New Zealand’s economy is heavily dependent on exporting raw materials. As a result, the NZD’s strength correlates with the price of gold.
I thought I would have a section on what relationship pairs have,
And where they get their strength, I'm going to start with the main two pairs,
I don't want to put lots of writing down,
so I'm going to do this a bit at a time probably two to three pairs each night,
The EUR/USD is the pairing of the euro and the United States dollar. The EUR/USD is the most traded currency pair in the world, accounting for nearly 30% of the total daily volume in FX. This sheer volume makes it incredibly liquid. EUR/USD is highly sensitive to fundamental news announcements released by the U.S., and due to its popularity, traders can access a wealth of analytical information.
The NZD/USD is the pairing of the New Zealand dollar and the United States dollar. New Zealand’s economy is heavily dependent on exporting raw materials. As a result, the NZD’s strength correlates with the price of gold.
1