Demo Account Guide
Demo Account Guide
R

Brokers With the Highest Volume for EUR/USD

HOME / HIGHEST VOLUME EUR USD

In forex, the volume represents the number of lots traded in a currency pair within a specified time period. The higher the volume, the more active the instrument you're trading with. Trading volume is a way to measure how often security trades over a set period of time. Trading with high volume minimizes volatility, reduces liquidity risk, and tends to have a smaller spread.

If you like to trade with high volume, it's best to use a broker that offers high volume. Brokers act as intermediaries between companies and traders, they play a vital role in affecting your trading activities. If you trade on EUR/USD, this is a list of brokers with the highest volume for EUR/USD.


Mar 28 2024

Scroll for more details

Score Broker EUR/USD Volume Min Deposit Max Leverage Regulation

Additional FAQ

As the US Dollar Index puts its biggest weight on Euro, it often moves in a different direction than the EUR/USD. For a better understanding, check out this DXY and EUR/USD chart:

dollar index vs eur/usd

In the DXY chart, it is shown that the market is currently on a downward trend. But it's slowly moving upwards. It's proving that the US dollar is growing weaker compared to its rival, but it is starting to gain strength again. On the other side, EUR/USD is going upwards and slowly going down towards the end. It is the exact opposite of the DXY chart.

Continue Reading at How to Use US Dollar Index (DXY) for Analysis

Here are some moderate to high-impact releases you should note if you want to trade EUR/USD pair:

  1. FOMC Meeting and the subsequent Fed interest rate decision
  2. FOMC Meeting minutes (two weeks after the meeting)
  3. US Fed/FOMC Chairperson speeches
  4. US GDP
  5. US Nonfarm Payrolls report which also includes wages and unemployment rate
  6. ECB rate decision and the subsequent ECB President Speech.
  7. IFO Business Climate Survey
  8. European trade balance
  9. Eurozone GDP
  10. Eurozone inflation

Continue Reading at EUR/USD Fundamentals and Trading Tips

Historically, it appears that central bank policies dominate the movement of the EUR/USD. It can be said that the more accurate your prediction of the Fed's actions, the easier it is to predict the movement of the EUR/USD pair. The following is a little summary of EUR/USD and its relation to central bank policies:

  • September 18, 2007 - The Fed cut interest rates by 50 basis points; EUR/USD strengthened.
  • December 18, 2013 - The Fed announced that tapering would begin in January 2014; EUR/USD weakened until February 2014.
  • July 14, 2014 - ECB President Mario Draghi prepared the market for QE by stating "falls squarely in our mandate"; EUR/USD weakened.
  • January 22, 2015 - The ECB introduced "full-blown QE"; EUR/USD weakened.
  • December 13, 2015 - The Fed raised interest rates for the first time in a decade; EUR/USD strengthened.
  • October 26, 2017 - The ECB divided its bond purchase program worth EUR60 billion; EUR/USD strengthened.
  • December 13, 2018 - The ECB ended the EUR2.5 trillion stimulus program; EUR/USD weakened.

Continue Reading at 5 EUR/USD Facts Every Beginner Should Know

The journey of the Euro actually began when the Euro was still in the form of an internal accounting unit for members of the European Community (EC). There were two forms of the Euro at that time, a European accounting unit and a European currency unit (ECU). However, both were not actual currencies. Instead, both forms of "currency" were like a basket of several EC currencies designed to help stabilize the European exchange rate. Nonetheless, the ECU paved the way for the single Euro currency.

Exactly on January 1, 1999, the Euro was introduced as a single currency. The value of one Euro was equal to one ECU, and the original exchange rate of the Euro vs. the US Dollar at that time was 1.1686. Although the Euro did not become a physical currency until 2002, the Euro launch already bounded the Eurozone currencies collectively. In other words, the French Franc, German Deutsche Mark, Spanish Peseta, Italian Lira, and other Eurozone countries no longer had separate exchange rates.

Continue Reading at 5 EUR/USD Facts Every Beginner Should Know