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EUR/USD is driven mainly by interest rate decisions from the European Central Bank and US Federal Reserve, along with inflation, employment and GDP data from the Eurozone and the United States.
As the pairing of the world's two most widely held reserve currencies, EUR/USD sees enormous daily trading volume from banks, institutions and retail traders, which typically keeps spreads tight.
EUR/USD trades throughout the forex week (24 hours a day, five days a week), with the highest liquidity during the overlap of the London and New York trading sessions.
Open a Pairmetric trading account, log in to MetaTrader 5, search for EUR/USD in the Market Watch window, and place a buy or sell order based on your market view.
EUR/USD's high liquidity and generally tighter spreads make it one of the more commonly traded pairs for newer traders, though all CFD trading carries risk and requires a solid understanding of the market.