Which Currencies Should Be Your Focus?
Results 1 to 8 of 8
  1. #1
    Join Date
    May 2006

    Default Which Currencies Should Be Your Focus?

    The following are the eight major currencies:

    1. U.S. dollar (USD)
    2. Euro (EUR)
    3. British pound (GBP)
    4. Japanese yen (JPY)
    5. Swiss franc (CHF)
    6. Canadian dollar (CAD)
    7. Australian dollar (AUD)
    8. New Zealand dollar (NZD)

    This is just a sample of some of the more liquid derivatives based on the currencies above:

    1. EUR/USD
    2. USD/JPY
    3. AUD/USD
    4. GBP/JPY
    5. EUR/CHF
    6. CHF/JPY

    As you can see from these lists, the currencies that we can easily trade span the entire globe. This means that you can handpick the currencies and economic releases to which you pay particular attention. But, as a general rule, since the U.S. dollar is on the "other side" of 90% of all currency trades, U.S. economic releases tend to have the most pronounced impact on the market.

  2. #2
    Join Date
    Jun 2006
    Perhaps I would like to have the US $ and the Euro for my trading

  3. #3
    Join Date
    Nov 2006
    ummm I think you are missing the USD/CHF and GBP/USD. They are part of the 4 majors

  4. #4
    I think the GBP/USD is the best pair to trade.

  5. #5
    Join Date
    Dec 2006

    Default Trend of US dollar against other currencies


    Here one can also find the trend of dollar against all other active currencies.

  6. #6
    Join Date
    Dec 2006
    Norristown, PA
    I also love the GBP/USD because of it's liquidity and the size of the moves it makes. The 2 - 4 pip spread (Oanda) is not a problem at all because it can move 80 pips in the blink of an eye.

  7. #7
    Join Date
    Dec 2006
    Colorado, USA
    I agree. This is my primary trading currency because of its potential daily large move. You can also take a look at this currency's daily ATR value which is > 100 pips. My only hurdle with this pair is that I can't be awake at 3AM when london session opens.

  8. #8
    Join Date
    Dec 2012
    Euro/Us dollar work great when placed next to the oil movement..this is why it's my favorite currency

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