Currency Pair Info
Detailed information about forex pairs including spreads, volatility, and best trading times.
EUR/USD
"Fiber"All Currency Pairs Overview
| Pair | Type | Avg Spread | Volatility | Best Session | Pip Value |
|---|---|---|---|---|---|
| EUR/USD | Major | 0.6-1.2 | Medium | London/NY | $10.00 |
| GBP/USD | Major | 1.0-2.0 | High | London | $10.00 |
| USD/JPY | Major | 0.8-1.5 | Medium | Tokyo/London | ~$6.60 |
| USD/CHF | Major | 1.2-2.0 | Medium | London | ~$11.20 |
| AUD/USD | Major | 1.0-1.8 | Medium | Sydney/Tokyo | $10.00 |
| USD/CAD | Major | 1.2-2.0 | Medium | New York | ~$7.40 |
| NZD/USD | Major | 1.5-2.5 | Medium | Sydney | $10.00 |
| EUR/GBP | Cross | 1.0-2.0 | Low | London | ~$12.60 |
| EUR/JPY | Cross | 1.2-2.5 | High | London/Tokyo | ~$6.60 |
| GBP/JPY | Cross | 2.0-4.0 | Very High | London | ~$6.60 |
Frequently Asked Questions
What is a currency pair in forex trading?
A currency pair represents the exchange rate between two currencies. The first currency (base) is being bought/sold against the second currency (quote). For example, EUR/USD = 1.0850 means 1 Euro equals 1.0850 US Dollars. Our currency pair info tool provides detailed information for all major pairs.
What's the difference between major and cross pairs?
Major pairs always include USD (EUR/USD, GBP/USD, etc.) and have the highest liquidity and tightest spreads. Cross pairs don't include USD (EUR/GBP, GBP/JPY) and typically have wider spreads but can offer unique trading opportunities. Our currency pair info tool categorizes all pairs by type.
Why do spreads vary between currency pairs?
Spreads reflect liquidity and trading volume. EUR/USD has the tightest spreads because it's the most traded pair. Exotic pairs have wider spreads due to lower liquidity. Spreads also widen during news events and low-liquidity periods. Check our currency pair info for typical spreads.
What does pip value depend on in different pairs?
Pip value depends on the quote currency, position size, and current exchange rate. For pairs quoted in USD (EUR/USD), pip value is fixed at $10 per standard lot. For JPY pairs, pip value fluctuates. Our currency pair info tool shows pip values for each pair.
Why are currency pair correlations important?
Correlations help with risk management. Trading highly correlated pairs in the same direction doubles your risk. Negative correlations can be used for hedging. Understanding correlations prevents unintended overexposure. Our currency pair info shows common correlations for each pair.
Which currency pair is best for beginners?
EUR/USD is often recommended for beginners due to its tight spreads, high liquidity, predictable movements, and abundant learning resources. It responds well to technical analysis and major economic news. Use our currency pair info tool to learn about each pair's characteristics.
What are the best trading sessions for each currency pair?
Each pair has optimal trading times. EUR/USD and GBP/USD are best during London and New York sessions. USD/JPY peaks during Tokyo and New York. AUD/USD is most active in Sydney/Tokyo. Our currency pair info provides best session recommendations for each pair.
Why is GBP/JPY called "The Beast"?
GBP/JPY is nicknamed "The Beast" due to its extreme volatility, often moving 100-200 pips daily. It combines two volatile currencies and requires wider stop losses. Our currency pair info shows volatility ratings to help you choose pairs matching your risk tolerance.
What factors move different currency pairs?
Each pair responds to different fundamentals. USD pairs react to Fed policy and US data. EUR responds to ECB and Eurozone news. AUD/USD follows commodities and China data. Our currency pair info tool lists key moving factors for each pair.
How do I read currency pair quotes?
The first currency is the base (what you're buying/selling), the second is the quote (what you're paying with). If EUR/USD = 1.0850, buying 1 lot of EUR/USD means buying 100,000 EUR for 108,500 USD. Our currency pair info explains price quotes for each pair.