Currency trading can be a bit confusing for traders. Especially for the beginners in the field. That is why it is often a question – what currency couples to trade? Well, we are here to tell you exactly that.

1. GBP/USD.

What can be more classic than one of the oldest couples in the market. The couple is still called “Cable”, because earlier in the history of trading the transactions used to be transmitted via a submarine cable. Imagine the history if this monetary relationship? The power between the currencies is also simply undeniable.

It is perfect for those, preferring fast actions as the movements of the price between the two currencies are usually sharp and abrupt.

2. USD/JPY.

Another celebrity couple. Although it can be extremely volatile it is no reason not to trade it, just, maybe not in the very beginning of your trading career. It is better to wait until you feel confident enough for it. Japanese currency is heavily dependent on the country’s export level, that is why stability is not a word that can be used to describe this relationship.

3. EUR/USD.

Classic of the trading world. Ever since euro came up on the stage it is hard to ignore its connection with the other currencies. Especially with dollar – the two are engaged in some kind of monetary tango and we are really enjoying to watch them dance! The couple can be accounted for about 70 percent of all of the transactions in the currency market. It is the largest volume ever seen by the segment of the market.

4. USD/CHF

Not the most obvious pairing, but still is very popular nevertheless. Although it gained its popularity only recently it is going to be heard to shake this connection off. Franc is popular due to its safe haven status – traders always turn to it when the things in the markets are getting too heavy. That is why where everything else loses support, franc only gains it. Not a bad deal, huh?

Of course, these are only the most popular currency couples which are perfect for beginners. There are also other pairings which may be not as popular, but we are going to talk about them another day.