Forex Market Dashboard
Track real-time currency exchange rates, heat maps, trading opportunities, and latest market analysis for major and minor Forex pairs with news from FXStreet.
Live Forex Market Rates
Real-time quotes for major, minor, and exotic currency pairs with daily changes and trading volumes
EUR/USD (Euro/US Dollar)
The world’s most traded currency pair. Represents the Eurozone vs US economies. Influenced by ECB and Fed policies, economic data, and risk sentiment.
GBP/USD (British Pound/US Dollar)
Known as “Cable”. Highly sensitive to UK political developments, Bank of England decisions, and Brexit-related news. Tends to be volatile.
USD/JPY (US Dollar/Japanese Yen)
Key pair reflecting US-Japan economic relationship. Japanese Yen is a traditional safe-haven currency. Influenced by Bank of Japan policies and US Treasury yields.
USD/CAD (US Dollar/Canadian Dollar)
Known as the “Loonie”. Closely tied to oil prices as Canada is a major oil exporter. Also influenced by Bank of Canada policies and US-Canada trade.
Latest Forex Market News
Breaking news and analysis from the world’s leading Forex and financial news source
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Forex Heat Map
Visual representation of currency strength and weakness across major Forex pairs
Forex Screener & Analysis
Advanced technical analysis and screening tools for identifying trading opportunities
Currency Cross Rates
Real-time exchange rates for major currency crosses without USD as the base or quote currency
Economic Calendar
Upcoming economic events, reports, and indicators that impact Forex markets
Understanding Forex Markets
What is Forex Trading?
Forex (Foreign Exchange) trading involves buying and selling currency pairs. It’s the world’s largest financial market with daily turnover exceeding $6 trillion.
Major categories include:
- Major Pairs: EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, USD/CAD, NZD/USD
- Minor Pairs (Crosses): EUR/GBP, EUR/JPY, GBP/JPY, AUD/JPY (no USD involved)
- Exotic Pairs: USD/TRY, USD/ZAR, USD/MXN (emerging market currencies)
- Commodity Pairs: AUD/USD, USD/CAD, NZD/USD (linked to commodity exports)
Factors Influencing Forex Rates
Currency exchange rates are influenced by a variety of factors:
- Interest Rates: Central bank decisions on monetary policy
- Economic Indicators: GDP, employment, inflation, retail sales data
- Political Stability: Elections, government policies, geopolitical events
- Market Sentiment: Risk-on vs risk-off environments
- Trade Balances: Current account deficits/surpluses
- Speculation: Market expectations and positioning
Trading Forex Markets
Forex can be traded through various instruments:
- Spot Forex: Immediate exchange of currencies at current rates
- Forex Futures: Standardized contracts to exchange at future dates
- Forex Options: Right to exchange at specified rate by certain date
- Forex CFDs: Contracts for difference on currency pairs
- Forex ETFs: Exchange-traded funds tracking currency baskets
Note: Forex trading involves significant risk and may not be suitable for all investors. High leverage can work both for and against you.
Major Currency Pairs Explained
Euro (EUR) Pairs
EUR/USD: The world’s most traded pair. Represents the Eurozone vs US economies. Key drivers include ECB vs Fed policy divergence, economic growth differentials, and risk sentiment.
EUR/GBP: Euro vs British Pound. Sensitive to Brexit developments, UK political stability, and comparative economic performance between Eurozone and UK.
EUR/JPY: Often used as a barometer for global risk appetite. Rises in risk-on environments, falls when investors seek safe-haven assets.
US Dollar (USD) Pairs
USD/JPY: Reflects interest rate differential between US and Japan. Japanese Yen is considered a safe-haven currency during market stress.
USD/CHF: Another safe-haven pair. Swiss Franc tends to appreciate during geopolitical uncertainty. Swiss National Bank often intervenes to prevent excessive CHF strength.
USD/CAD: The “Loonie” pair. Strongly correlated with oil prices (Canada exports oil, US imports). Also influenced by Bank of Canada policies.
Commodity & Risk Currencies
AUD/USD: The “Aussie”. Linked to commodity prices (Australia exports minerals, metals, agricultural products). Also sensitive to China’s economic health.
NZD/USD: The “Kiwi”. Similar to AUD but with additional sensitivity to dairy prices (New Zealand’s main export).
GBP/USD: “Cable”. Historically volatile, especially around Brexit negotiations and Bank of England meetings. Reflects UK economic prospects vs US.
Muhammad Faraz 
