USD

The USD (United States Dollar) is the world's primary reserve currency and the most traded currency in the global forex market, appearing on one side of approximately 88% of all forex transactions. Its dominant status means that U.S. economic data — including Federal Reserve interest rate decisions, Non-Farm Payrolls, and CPI inflation reports — have a profound impact on global currency markets. The USD features in major pairs such as EUR/USD, GBP/USD, USD/JPY, and USD/CHF. Understanding USD dynamics and U.S. monetary policy is essential for any forex trader operating in today's interconnected global markets.