1. Money
You can opt-out at any time. Please refer to our privacy policy for contact information.

EUR/USD - A profile of the currency pair EUR USD

By

Definition:

The EUR USD is the most commonly traded currency pair in forex trading.

What does EUR/USD mean?
EUR/USD is short for European Dollar vs. US Dollar. EUR/USD 1.35 is translated as 1 Euro equals $1.35USD.

Why is the EUR/USD so widely traded?
The EUR/USD is the most widely traded pair because the Euro and the US Dollar are both considered to be very liquid, meaning that you can consistently put a large amount of money in a trade or take a large amount of money out with minimal movement to the price.

The benefits of trading EUR/USD
By trading a liquid pair like EUR/USD you will be able to make larger trades and pay smaller spread.

  1. About.com
  2. Money
  3. Forex Trading

©2014 About.com. All rights reserved.