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Which Forex Currencies Can I Trade?

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Forex is the most widely traded market in the world, with more than $5.3 trillion* being bought and sold every single day.


Traders will speculate on the future direction of currencies by taking either a long or short position, depending on whether you think the currency’s value will go up or down.


Typically referred to as “The Majors”, these seven currency pairs make up almost 80% of total daily trading volume*.


As you’ll see in the table below, the major currency pairs all include the U.S. Dollar (USD).


List of Major Currency Pairs


DESCRIPTION                                           SYMBOL               NICKNAME
Euro/U.S. Dollar                                       EUR/USD                 Euro
Great British Pound/US Dollar               GBP/USD                CABLE
U.S. Dollar/Japanese Yen                       USD/JPY                YEN
U.S. Dollar/Swiss Franc                           USD/CHF               SWISSY
U.S. Dollar/Canadian Dollar                    USD/CAD                LOONIE
Australian Dollar/U.S. Dollar                  AUD/USD                 AUSSIE
New Zealand Dollar/U.S. Dollar             NZD/USD                 KIWI