Best currency pairs to trade for beginners

Top Most Tradeable Currency pair in forex trading

Five days a week, twenty-four hours a day, traders have access to forex markets where they may engage in highly leveraged trading with lower margin requirements than on stock exchanges. Before you venture further into the fast-paced world of forex, it is important that you be familiar with the most popular currency pairings used for trading.

 

EUR/USD

The connection between the EUR/USD currency pair and the USD/CHF currency pair is generally negative and positive, respectively. This is due to the euro's deep links to the British pound and the Swiss franc.

GBP/USD

The correlations between the USD/CHF and EUR/USD for the GBP/USD pair are generally negative and positive, respectively. The reason for this is the close linkages that exist between the British pound and the euro, Swiss franc, and other currencies.