EURUSD

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.

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.

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.

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.

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.