A major pair is a forex pair that includes the US dollar (USD) and one of the other most heavily traded currencies: EUR, GBP, JPY, CHF, AUD, CAD, or NZD. Major pairs account for the majority of global forex trading volume and offer the tightest spreads, deepest liquidity, and most stable execution. They are the most suitable instruments for beginners and high-frequency strategies.
EUR/USD, GBP/USD, USD/JPY, and USD/CHF are all major pairs. EUR/USD alone accounts for roughly 23% of daily global forex volume. A typical spread on EUR/USD is 0.1–1.5 pips depending on account type and market conditions.
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