What are the 7 majors in forex?

In forex trading, the term "majors" refers to the most actively traded and widely recognized currency pairs. The seven major currency pairs, also known as "the majors," include:

1. EUR/USD (Euro/U.S. Dollar): The EUR/USD is the most actively traded currency pair in the forex market. It represents the exchange rate between the Eurozone's euro and the United States dollar. It is influenced by economic data from both the Eurozone and the United States.

2. USD/JPY (U.S. Dollar/Japanese Yen): The USD/JPY represents the exchange rate between the U.S. dollar and the Japanese yen. It is affected by economic indicators from the United States and Japan, as well as market sentiment and risk appetite.

3. GBP/USD (British Pound/U.S. Dollar): The GBP/USD represents the exchange rate between the British pound sterling and the U.S. dollar. It is influenced by economic data from the United Kingdom and the United States, as well as geopolitical factors related to Brexit.

4. USD/CHF (U.S. Dollar/Swiss Franc): The USD/CHF represents the exchange rate between the U.S. dollar and the Swiss franc. It is influenced by economic indicators from the United States and Switzerland, as well as safe-haven flows and market sentiment.

5. USD/CAD (U.S. Dollar/Canadian Dollar): The USD/CAD represents the exchange rate between the U.S. dollar and the Canadian dollar. It is influenced by economic data from the United States and Canada, as well as factors such as oil prices, which impact the Canadian economy.

6. AUD/USD (Australian Dollar/U.S. Dollar): The AUD/USD represents the exchange rate between the Australian dollar and the U.S. dollar. It is influenced by economic data from Australia and the United States, as well as commodity prices, particularly those of metals and minerals.

7. NZD/USD (New Zealand Dollar/U.S. Dollar): The NZD/USD represents the exchange rate between the New Zealand dollar and the U.S. dollar. It is influenced by economic data from New Zealand and the United States, as well as commodity prices, particularly those of agricultural products.

These seven currency pairs are the most widely traded and have high liquidity in the forex market. Traders often focus on these pairs due to their tight spreads, abundant trading opportunities, and availability of market analysis and research. However, it's important to note that the forex market offers a wide range of currency pairs beyond the majors, providing traders with various options to explore.