What are the Major Currency Pairs? The first listed currency of a currency pair is called the base currency and the second currency is called the quote currency.
Major Currency Pairs are the most frequently traded as it constitutes about 85% of the forex market therefore they exhibit high market liquidity.
Most of the major currency pairs involve the U.
dollar paired with one of the other major currencies such as EURO / USD USD / JPY GBP / USD AUD / USD USD / CHF USD / CAD NZD / USD referring as FIBER GOPHER CABLE AUSSIE SWISSY LOONIE KIWI.