US dollar (USD)

    By
    Andrey Orlov
    -
    0

    The US dollar is the official currency of the United States of America.

    As the most important reserve currency, the US dollar is the most traded currency on the foreign exchange market.

    Trading the US dollar

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    The US dollar is also the currency most used in international transactions, constituting almost 50% of trade around the world.

    The most traded currency pairs containing the US dollar are:

    US dollar and euro:EUR/USD
    US dollar and Canadian dollar:USD/CAD
    US dollar and Japanese yen:USD/JPY

    Learn more about all aspects of currency trading:

    Forex trading