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What are the top traded currencies?

The US dollar is the primary reserve currency used by central banks around the world, making it one of the top traded currencies for international trade. It is often used as a benchmark for other currencies, and its movements can have a significant impact on the forex market. Thus, is the top traded currencies. 2. Euro (EUR)

What is the most traded currency in the forex market?

1. US dollar (USD) The US dollar is by far the most traded currency in the forex market, with a global daily average trading volume of about $6.6 trillion. In fact, USD takes such a large precedent in forex markets that all ‘major’ currency pairs in foreign exchange trading include the dollar.

What is the most traded currency in the United States?

Issued by the Federal Reserve (the Fed), the US Dollar is the official currency of the United States of America. Most traded currency. The US Dollar is the most traded currency in terms of daily average volume. According to the Bank for International Settlements, the USD has a daily trade volume of $2.2 trillion. Global reserve currency.

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