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Basics

Major pairs

Major pairs are the most traded currency pairs, each combining the US dollar with another major currency. EUR/USD, GBP/USD and USD/JPY are examples; they usually have high liquidity and narrow spreads compared with other pairs.

Also called: majors, forex majors, major currency pairs

Hypothetical example

Hypothetically, a trader compares EUR/USD with a less traded pair and sees a spread of 1 pip on the major against 8 pips on the other pair. Spreads change all the time, so the platform shows the current one before each trade.

Related terms

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