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A major pair is a forex pair that includes the US dollar (USD) and one of the other most heavily traded currencies: EUR, GBP, JPY, CHF, AUD, CAD, or NZD. Major pairs account for the majority of global forex trading volume and offer the tightest spreads, deepest liquidity, and most stable execution. They are often where new traders start.
EUR/USD, GBP/USD, USD/JPY and USD/CHF are all major pairs. EUR/USD alone accounts for about a fifth of global forex turnover. Spreads on major pairs are usually the tightest of any forex pair.
