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What are some popular forex pairs in the forex market?

When it comes to forex trading, the majors – the most commonly traded currency pairs – are the ones that are usually the traders' choice. These numbers (forex trading) have the most liquidity, the lowest spreads, and the most predictable changes in prices, thus they are the most suitable for the professional traders and to the beginners as well. The leader in this group is unequivocally the EUR/USD pair, which is the most popular pair in the world. It represents the euro vs the American dollar, which is a considerably stable and thus very popular pair due to its constant news flow, and trade predictable patterns. The next in line is GBP/USD, informally known as "Cable". This is a pair that is more wild than EUR/USD, so it has larger moves and that is the reason why more opportunities are presented to the traders—albeit it is necessary to remember that be that as it may, it does caution. Then, there is USD/JPY, that is the US dollar against the Japanese yen. USD/JPY is famous for its smoother technical trends and it is also very sensitive to the interest rate policies of these two countries. Apart from these, AUD/USD and USD/CAD appear on the list, most definitely these commodity-related pairs respond instantly to big changes in gold and oil prices, and it is more favorable for the traders to have another line of analysis, and this is economic analysis. Although the lowest, NZD/USD is also in the top several pairs preferred by traders. It is still liquid enough to have some moves although its market is not very big. Still and above all the fact that these pairs are very liquid, the trades are pressed not only due to the fact that they are easy to access but also because they have a strong support from their economies, which ensures the traders stable and consistent volume-thus reducing slippage and irregular price spikes. Hence, for the most part, the majority of the deal starts with these seven most popular pairs at the same time.
 

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