USDJPY is a volatile and liquid Forex pair when measured on a daily and intraday basis. USDJPY, along with EURUSD and GBPUSD, offers the lowest trading spreads in the Foreign Exchange market. USDJPY accounts for 21.8% of the total Foreign Exchange market volume. Note, that the Japanese Yen weighs 13.6% of the US Dollar Index.
The New Zeeland Dollar against the US Dollar. NZDUSD is a highly-volatile Forex pair on a day-to-day basis. New Zealand is a major exporter of raw materials, and NZD is a commodity currency.
The US Dollar against the Swiss Franc (USDCHF). USDCHF accounts for 4.4% of the total Foreign Exchange market volume. Note, that CHF weights 3.6% in the US Dollar Index.
The US Dollar against the Canadian Dollar. USDCAD is a medium-volatility financial asset and a relatively liquid Forex pair. USDCAD is highly correlated to the price of crude oil.
The Australian Dollar against the US Dollar. AUDUSD is a highly volatile Forex pair when measured on a daily basis. AUDUSD accounts for 6.5% of the total Foreign Exchange market volume.
EURUSD is the most active and liquid pair in the whole Forex Market. The aggregate economic size of these two areas (US and Eurozone) is huge and that is reflected on the daily market activity of the EURUSD pair. EURUSD accounts for 28.5% of the total Foreign Exchange market volume.
The British Sterling against the US Dollar (GBPUSD) is a very liquid Forex pair. The most active hours of GBP/USD are between 8:00 am (EST) and 12:00 noon (EST), as both the US and the European Markets are open for trading. GBPUSD accounts for about 11.4% of the Foreign Exchange market volume.
The legendary hedge fund manager Ray Dalio offers an insight into the dynamics that he saw when studying the rises and declines of the last three reserve currency empires (the Dutch, the British, and the American) and the six other significant empires (Germany, France, R
Triffin Dilemma (Reserve Currency Paradox)
Robert, Baron Triffin was a Belgian-American economist who was openly against the Bretton Woods monetary system. Triffin dilemma or else Triffin paradox refers to countries whose currencies are used as global reserve currencies, like the United States and the US dollar.