When you first join the forex market, you will find an array of trading choices. While some currency pairs have liquidity, others are very low-risk, and it is crucial to understand which pair is better to choose for adequate returns. There are quite a few currency pairs that attract high trading volume and the best forex cashback at all times, and every financially savvy individual should have them in their arsenal. Let’s explore them today and understand why exactly they are so tradable.
Why Currency Pairs Are Highly Tradable?
1. Euro and US Dollar
Imagine you are a newbie at currency trading. There are so many options, and you have no idea which one is the best. Naturally, you will turn to what everybody knows, and that is the Euro and the US Dollar. These two together form the most widespread currency pair ever. Since they are representative of the two most powerful economies in the world and offer the best forex cashback, both new and seasoned traders stick to that option. The EUR/USD pair has low spreads.
So, day traders and investors interested in long-term income choose it most. To invest successfully, you should know enough about the European and the American economies.
2. US Dollar and Japanese Yen
This pair is very volatile, as both currencies move at a quick pace due to the Japanese and the U.S. market changes. Since Japan loves keeping its interest rates low, many traders watch the USD/JPY pair closely and invest once central banks suddenly change their policies. When it comes to Currency Pairs like the American dollar to Japanese Yen comparison, you should look out for the fluctuations in Asian equity markets and news from the Bank of Japan.
3. British Pound and US Dollar
In trading, it is vital to understand the risks of investing in pairs like this. The “Cable” currencies may bring higher returns and cashback from services like FxCash, but they can also have devastating consequences for the trader. British Pound is extremely sensitive to various political and economic factors, such as:
- Brexit developments;
- UK interest rates;
- trade policy.
The GBP/USD pair is full of opportunities. Yet, the price swings are also present, so be cautious.
4. US Dollar and Swiss Franc
Compared to the last pair we have discussed, the Swiss franc is a haven for traders. This currency is not volatile at all — rather, it’s very stable, especially when the economic market is in shambles. The stability is thanks to Switzerland’s potent fiscal system. Note down that the USD/CHF option is different from all other pairs, but it’s great for portfolio diversification.
5. Australian Dollar and US Dollar
Australia has ties with other countries and exports a lot of natural resources, including metals and energy. As a result, the AUD/USD pair can fluctuate according to the economic state of commodities. China’s financial situation is also a part of the equation, as it is Australia’s biggest trading partner.
Pairs Perfect for Forex Traders
Trading on the forex market requires a lot of knowledge about the political and economic state of the world. The currency pairs above offer a lot of benefits and a lot of analysis available online, making it a little easier to join the trading market.
Also Read: Best Way to Invest in Cryptocurrency: A 2025 Guide
