🌍 The 5 most traded FX pairs last week — and the macro forces driving every move
1️⃣ EUR/USD — $2.2T/day
ECB–Fed divergence + inflation volatility keep it the global benchmark.
2️⃣ USD/JPY — $1.2T/day
Carry trades are roaring back while markets dissect every BoJ signal.
3️⃣ GBP/USD — $750B/day
UK CPI surprises and shifting BOE expectations fuel two‑way action.
4️⃣ USD/CNY — $600B/day
China stimulus, trade tensions, and policy signaling shape the flow.
5️⃣ USD/CAD — $450B/day
Oil correlation + BOC easing chatter keep this pair constantly in play.
| Rank | Asset | Ticker / Pair | Price | 24h / Avg Daily Volume | Key Metric | Why It’s So Popular Right Now |
|---|---|---|---|---|---|---|
| 1 | EUR/USD | EUR/USD | 1.0800 | $2.2T | 21-23% global share | 🌍 ECB/Fed divergence; inflation data drives swings |
| 2 | USD/JPY | USD/JPY | 151.80 | $1.2T | 13-14% share | Carry trade revival + BoJ policy watch |
| 3 | GBP/USD | GBP/USD | 1.2750 | $750B | 7-9% share | UK CPI surprises; BOE rate bets |
| 4 | USD/CNY | USD/CNY | 7.15 | $600B | 6-8% share | China stimulus + trade tension flows |
| 5 | USD/CAD | USD/CAD | 1.3750 | $450B | 5% share | Oil price correlation; BOC easing signals |
FX is in a regime defined by policy gaps, geopolitics, and data‑driven volatility.
Which pair dominated your screens last week?
