Major currencies are the most widely traded and liquid currencies in the Forex market, typically paired with the US Dollar (USD).
In Forex trading, major currencies represent the most stable and globally influential economies. These currencies are heavily traded, have tight spreads, and are supported by strong financial systems and central banks. They are usually part of major currency pairs, which include the US Dollar on one side.
The most commonly recognized major currencies are:
These currencies make up over 80% of the total daily volume in the Forex market. They are preferred by traders due to high liquidity, predictable volatility, and abundant economic data.
EUR/USD is a major currency pair, consisting of two major currencies: the Euro and the US Dollar.
Currency Pair, Minor Currencies, Forex, Liquidity, USD, Central Bank
Forex / Currency Classification
If you’re new to trading, start with major currencies—they offer the best execution, lower costs, and more stable price behavior than exotic pairs.
