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why EUR/USD considered the most traded currency pairs in forex market?

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  #1  
Old 04-06-2012, 04:41
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Default why EUR/USD considered the most traded currency pairs in forex market?

why EUR/USD considered the most traded currency pairs in forex market?
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Old 26-07-2012, 14:51
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

coz they are the most know and most used pair, like you can use eur and usd in any part of the world haha and they are easy to read and most info regarding this pair are easily acquired :) the first time i trade with hotforex they were my fav pair, I guess they still are :D
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Old 01-09-2012, 16:56
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

From a scalper's perspective that would be the pair with the lowest spread with almost any broker that you choose because of it's global liquidity. No scalper likes to pay high spread......heh heh
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Old 26-10-2012, 08:04
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

scaplers and low spreads is a marriage with no divorce option. thats a given :D :D :D
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Old 02-11-2012, 08:01
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

Most currencies are affected by EUR or USD like if dollar goes up or down then other currencies like peso and rupi get affected, and they are the most dominant currencies in the market and are used almost anywhere in the world.

and because they are the most known currencies in the world.
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Old 05-11-2012, 05:43
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

The trading volume of the forex market, the largest and most liquid financial market in the world, is around trillions of dollars on a daily basis; among which, the trading volume of EUR/USD forex trading activities take a great part and it is regarded as the most traded currency pair in the forex market. I advise you to read this article to Know EUR/USD Currency Pair Well and Do Forex Trading Successfully
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Old 30-01-2013, 11:45
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

Quote:
Originally Posted by johnstarks View Post
why EUR/USD considered the most traded currency pairs in forex market?
The main reasons behind this is Currency EURO is very strong as it is the currency of several countries, as compare to other currencies & its daily market movement is very steady as compare to other pairs. That is why most traders prefer to trade with EUR/USD.
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Old 06-02-2013, 07:27
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

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Originally Posted by MrTrader View Post
The main reasons behind this is Currency EURO is very strong as it is the currency of several countries, as compare to other currencies & its daily market movement is very steady as compare to other pairs. That is why most traders prefer to trade with EUR/USD.

EURUSD is one of the most important majors in the currency market and also the most heavily traded. The reason is because the United States
(US) and the European Union (EU) are the two largest economic entities in the world. However, note that the EUR is used by only 17 of the 27 member states of the EU.

The USD is the reserve currency and so it is most widely held by many countries. The currency of the European Union, known as the EUR, is also another popular currency used by 17 members states in the EU as well as the rest of the world.

Thus, it is obvious that the EURUSD comprising of the two most popular currencies in the world, is the most traded currency pair in the forex market.
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Old 07-02-2013, 05:51
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Default Re: why EUR/USD considered the most traded currency pairs in forex market?

Quote:
Originally Posted by salkhan View Post
EURUSD is one of the most important majors in the currency market and also the most heavily traded. The reason is because the United States
(US) and the European Union (EU) are the two largest economic entities in the world. However, note that the EUR is used by only 17 of the 27 member states of the EU.

The USD is the reserve currency and so it is most widely held by many countries. The currency of the European Union, known as the EUR, is also another popular currency used by 17 members states in the EU as well as the rest of the world.

Thus, it is obvious that the EURUSD comprising of the two most popular currencies in the world, is the most traded currency pair in the forex market.
Nice one salkhan :)
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