What are the major currency pairs traded in the Forex market?
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These currency pairs are known for their liquidity, tight spreads, and higher trading volumes, making them suitable for both beginner and experienced traders. They are typically influenced by factors such as interest rates, economic reports, and geopolitical events related to the countries involved.
In the Forex market, major currency pairs are the most widely traded pairs, consisting of currencies from the world's largest and most stable economies. They always include the US Dollar (USD) as one of the currencies, paired with another major global currency.