EUR/USD Explained: What Moves the World’s Most-Traded Pair?

EUR/USD Explained: What Moves the World’s Most-Traded Pair?

Open almost any forex trading platform and one currency pair will probably appear near the top of the screen: EUR/USD. It represents the euro against the US dollar, two currencies connected to some of the largest economies and financial markets in the world. Because of its enormous trading volume, deep liquidity, and relatively tight spreads, … Read more

Why the US Dollar Dominates the Forex Market: Key Reasons

Why the US Dollar Dominates the Forex Market: Key Reasons

The foreign exchange market includes nearly every major currency, yet one currency appears almost everywhere: the US dollar. Whether traders are watching EUR/USD, USD/JPY, GBP/USD, or an emerging-market pair, the dollar is usually part of the action. This dominance is not simply the result of the United States having a large economy. The dollar sits … Read more