Major Currency Pairs & What Moves Them

Quick Recap

• The "majors" are the most heavily traded pairs, all involving the US dollar, and offer the tightest spreads.
• Interest rates, economic data, and overall risk sentiment are the main forces behind currency moves.
• "Risk-on" and "risk-off" describe whether traders broadly favor riskier or safer currencies at a given time.
• Starting with major pairs as a beginner means better liquidity and more predictable trading conditions.