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Home » Fundamental » Introduction The EUR/USD Pair

Introduction The EUR/USD Pair


The EUR/USD (euro/ US dollar) is the most widely traded currency pair and is the relation of the euro against the US dollar.

Forex Knowledge: Trading the Euro/US Dollar

  • Typical broker spread: 0.2-3 pips
  • Common used nicknames: Euro or Fiber
  • Most active trading sessions: Euro and US session
  • Most active trading hours: 6:30 GMT – 16:30 GMT
  • Average daily range (high-low): 115 pips
  • Trading strategies to trade EUR/USD: Click here
  • Recommended level of trading experience: New
  • Value of one pip EUR/USD: $10 (standard), $1 (mini) and $0.1 (mirco)

Economic Events That Move The Euro/Dollar


  • Trade Balance (Euro Zone)
  • Gross Domestic Product (Euro Zone)
  • Consumer Price Index (CPI) (Euro Zone)
  • ZEW Survey (Euro Zone)
  • ECB Rate Announcement and Press Conference
  • Current Account (Germany)
  • Trade Balance (Germany)

B. United States

  • Employment – (Non-Farm Payrolls and Unemployment Rate)
  • FOMC Rate Decision
  • Trade Balance
  • Current Account Balance
  • Net Foreign Security Purchases (TIC)
  • Gross Domestic Product (GDP)
  • Consumer Confidence
  • ISM Manufacturing
  • Philadelphia Fed Survey
  • Durable Goods Orders
  • University of Michigan Consumer Sentiment Index
  • Consumer Price Index
  • Producer Price Index (PPI)
  • Advance Retail Sales
  • Fed President Speaks