The EUR/USD exchange rate represents the value of one Euro (EUR) in US Dollars (USD) and is the most traded currency pair in the forex market. This pair is influenced by monetary policies set by the European Central Bank (ECB) and the Federal Reserve (Fed), as well as inflation, economic growth, interest rate differentials, and geopolitical factors. A stronger Euro relative to the Dollar usually indicates economic strength in the Eurozone. At the same time, a rising USD suggests strong US economic performance or risk-off sentiment where investors move toward the Dollar's safe-haven status.
Related to News & Market Insights
More
Learn to Trade
More
Related to News & Market Insights
More
Learn to Trade
More
Open Account
EURUSD FAQs – Your Questions Answered
What factors influence the EUR/USD exchange rate?
+
EUR/USD is driven by ECB and Federal Reserve policy, interest rate differentials, inflation, economic growth, and geopolitical developments. High-impact data, such as Non-Farm Payrolls, CPI, GDP, and central bank statements, often trigger significant price movements.
Why is EUR/USD the most traded currency pair?
+
It represents the world's two largest economies and accounts for approximately 24% of global foreign exchange volume. High liquidity delivers tight spreads, low slippage, and reliable technical behaviour, making it popular with both retail and institutional traders.
What are the best trading hours for EUR/USD?
+
Liquidity peaks during the London–New York overlap (13:00–17:00 GMT). The London open and New York open frequently produce strong directional moves as markets react to fresh data.
What spreads does TMGM offer on the EUR/USD pair?
+
Spreads start from 0.0 pips on Edge accounts (commission-based) and from 1.0 pips on Classic accounts (commission-free). Live spreads are available via TMGM's platform and Trading Calculator.
What is a pip in EUR/USD trading?
+
A pip is the fourth decimal place (0.0001). A move from 1.1000 to 1.1001 equals one pip and is used to measure price movement, profit, and risk.