EURUSD
EURUSD
Instrument Info
Sentiment
Euro vs US Dollar
About Trading EURUSD
The EURUSD currency pair represents the exchange rate between the Euro (EUR) and the US Dollar (USD), making it the most traded pair in the forex market. Known as the Fiber, this pair is highly liquid and heavily influenced by global economic and political factors.
Key drivers for the EURUSD include monetary policy decisions by the European Central Bank (ECB) and the Federal Reserve (Fed), economic data such as GDP growth, inflation, and employment reports, as well as geopolitical developments affecting Europe and the United States. Additionally, interest rate differentials and global risk sentiment play significant roles in shaping its price action.
The EURUSD is a favorite among traders due to its high liquidity and frequent price movements, offering opportunities for both short-term scalpers and long-term investors. With its global significance and clear correlation to macroeconomic trends, this pair serves as a cornerstone for forex market analysis and trading strategies.
Due to technical variations, the pricing for this CFD may differ from the trading platform price.
