Best currency pairs to trade 2016

The Essentials of Trading. Information and resources to learn about trading and the markets. Copyright c by John Forman. July 27, by John 3 Comments.

The question often comes up among forex traders especially newer ones as to which are the most traded currency pairs. The list below is probably a pretty close representative of how things rank on a global basis, though based on April data. Also, these figures are based on spot market volume, and do not include swaps, forwards, or options.

Traders who operate in longer-term swing and position trades, though, need not concern themselves as much with focusing on the most traded currency pairs, though. The costs and requirements for short-term movement are not a real issue.

Here is a center-by-center breakdown of the top forex pairs for each region.

Again, this is for spot trading only. Swaps, forwards, and options can add considerably to the volume totals more in some regions than in others.

If you want to see the full center totals you can follow the links to the individual reports. London remains by far the highest volume trading center for foreign exchange. Based on the most recent data, here are the most traded currency pairs in for the London market. There are a lot of pretty active regional pairs non-Euro Zone continental currencies as well as those listed above. See the Bank of England website for additional details.

The second largest of the trading centers is the U. Here are the most traded currency pairs in for this region. See the New York Fed website for additional details. Note that the Canadian Foreign Exchange Committee also does a volume survey, but it does not break the figures out into individual currency pairs.

Here are the most traded currency pairs in for the Japanese market. Similarly, then another big drop to the other two most traded currency pairs from the EUR ones. See the Tokyo Foreign Exchange Market Committee website for further details.

Australia primarily Sydney has become a very significant market in global foreign exchange on a best currency pairs to trade 2016 volume basis. Here are the most traded currency pairs.

See the Reserve Bank of Australia website for further details.

Top 6 Most Tradable Currency Pairs

Here are the most traded forex xm forex broker reviews. See the SFEMC website for more details. Best OfThe Basics Tagged With: December 6, at 7: Also if you only hsbc credit card forex rate your first steps in forex trading do not try to trade by best currency pairs to trade 2016 pairs.

Earnest money real estate offer is most suitable for beginners. January 23, at 8: Not any easy question Joseph. Even then it will tend to vary based on the underlying fundamental structure of the market what currency is in the news, risk attitudes, interest rate differentials, etc.

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