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Why EUR/USD is One of the Most Important Currency Pairs in Currency Trading


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#1 ⇑ Haut ⇑ 09-06-2012 05:10:06

johnstarks
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Why EUR/USD is One of the Most Important Currency Pairs in Currency Trading

We know that there are some major currency pairs that are traded in the forex market. They represent the largest trading volume in currency trading, which is about 85%. One of the most important majors is EUR/USD. We know that the United States and the European Union are the two largest economic entities in the world. The U.S. dollar is the world’s most heavily traded and most widely held reserve currency. The currency of the European Union, known as the euro, is the world’s another most popular currency. Because it is made up of the two most popular currencies in the world, the EUR/USD is the most traded currency pair in the forex market. Thus, it is necessary for traders to learn EUR/USD before live currency trading.




 

#2 ⇑ Haut ⇑ 16-12-2012 06:16:30

Princess Keisha
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Re: Why EUR/USD is One of the Most Important Currency Pairs in Currency Trading

I think because EURUSD has high volatility... And i also use this currency pair when trading and i think a lot of trader use this pair..




 

#3 ⇑ Haut ⇑ 21-09-2013 22:13:35

Max Rose
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Re: Why EUR/USD is One of the Most Important Currency Pairs in Currency Trading

"The euro" is one of the seven key currency pairs that includes the US dollar and is the the majority of traded set on the foreign currency market. It is thought to be the most important plus the most liquid of most currency pairs as the euro could be the 2nd most important reserve currency exchange globally (the US dollar could be the first), in addition to the 2nd the majority of traded currency for the forex markets.




 

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    Why EUR/USD is One of the Most Important Currency Pairs in Currency Trading



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