The US dollar and the Euro appear to be the world's two largest and most widely recognised currencies. The Euro versus the US Dollar (EUR/USD) currency pair has the highest global trading volume, making it the market's most traded currency pair.
Whether investors find the instrument easy or difficult to trade, it is not a pair that many traders overlook due to its daily volatility and price movement.

The Euro (EUR) and the US Dollar (USD) are the official currencies of the United States and the European Union, respectively. The Federal Open Market Committee (FOMC) is a branch of the Federal Reserve (FED) that determines the direction of monetary policy in the United States, which influences the value and potential value of the US Dollar. The European Central Bank (ECB) is the major monetary system of the Eurozone, and it has a significant impact on the Euro currency.
Whether investors find the instrument easy or difficult to trade, it is not a pair that many traders overlook due to its daily volatility and price movement.

Both currencies are traded on the Foreign Exchange market. A currency pair is formed when the price of one currency swings upwards, downwards, or sideways against the price of another currency in the Forex market. The Euro/Dollar currency pair is made up of the Euro (EUR) and the US Dollar (USD).

Both the EUR and the USD have currency pairs with other currencies, such as EUR/GBP or USD/CAD.