what is the major currency pairs majors  ?
foreign currencies are always traded in pairs the value of one currency compared to a counterpart major currency pairs match up the u s dollar with each of the other six major currencies the euro japanese yen british pound swiss franc canadian dollar australian dollar and new zealand dollar the following seven currency pairs are the most commonly traded and the most active on global forex markets eur usd gbp usd usd jpy usd chf aud usd usd cad nzd usd of these pairs the eur usd is by far the most commonly traded pair reaching a full one third of the global forex market 