Canadian dollar

Top 10 most traded currency pairs

Forex is the largest and most volatile market in the world with hundreds of currency combinations to choose from. To simplify things, here are the ten most traded forex pairs on the market.

FX levels to watch: EUR/USD, GBP/USD and USD/CAD

Dollar strength looks likely, with EUR/USD and GBP/USD expected to turn lower. Meanwhile, USD/CAD is likely to rise over the near term, yet the wider bearish trend is likely to kick in once again before long.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.