## What are the seven major FX pairs
The major pairs usually mean EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD and NZD/USD. They have deep liquidity, tighter spreads and clearer macro drivers, so they are the best starting point for learning FX.
## What drives each pair
EUR/USD follows the Fed, ECB, inflation and rate differentials. GBP/USD is usually more volatile and reacts to Bank of England and UK macro data. USD/JPY is sensitive to US yields, Bank of Japan policy and safe-haven demand. USD/CHF can behave as a defensive pair. AUD/USD links to commodities, China demand and Australian rates. USD/CAD reacts to oil, Bank of Canada policy and broad USD cycles. NZD/USD has thinner liquidity and can move sharply with risk sentiment.
## Best trading hours
London and New York overlap usually gives the best liquidity. Asian hours are more relevant for USD/JPY, AUD/USD and NZD/USD. Around data releases, check not only spread but also slippage, rejection and margin changes.
## Beginner rule
Track only two or three pairs first. Record spread, volatility, news timing and your mistakes. Trading all seven pairs is usually attention dilution, not real diversification.
