Trading with pairs is easy, but knowing what is the best choice for your buck is much more difficult and requires some research. Let’s break down some of the hottest currency pairs on the market currently.


The United States Dollar (USD) to the Euro (EUR) is THE most popular currency trade now due to its high liquidity and stability. If you are just starting out on your trading journey, this is a good starting point due to those factors – but don’t be fooled, it can be just as beneficial to professional traders too.


Moving on from the most stable currency pairs to one of the least stable, is USD to the Japanese Yen (JPY). This pair sees plenty of fluctuations on a daily basis. This is due to the fact that the Japanese economy is particularly affected by unique events such as natural disasters. However, all it takes is trading at the right time, as a well-timed trade can result in big profits.


Coming closer to home, we have the British Pound (GBP) against the US Dollar – or as it’s more commonly known as the ‘Trading The Cable’. This is actually the third most popular currency to trade with, mainly because Great Britain has the fifth largest economy in the world. Furthermore, since Great Britain has exited the EU, more trading opportunities have become available. 


As neighbouring countries, the United States and Canada often enjoy regular trade and great relations. Canada is mostly reliant on their oil exploitation to support their economy, so keeping an eye on oil prices will help determine the best time to trade with this currency pair.


Now on the flipside, we have the Australian dollar (AUD) against the US dollar, known as ‘Trading The Aussie’. This one is really good regarding financial news as it stays up-to-date frequently and they have massive deposits in gold. Since the Australians have good relations with the US, it’s a great choice to trade in.

Of course there are so many more currencies that are being traded as we speak, so having the correct knowledge about which pairing is best is integral to being a successful trader.

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