EUR/USD is a currency pair in the Forex market, which represents the value of the European Union's Euro in terms of the United States Dollar. Forex (foreign exchange) is a decentralized market where all the world's currencies trade.
Trading EUR/USD in the Forex market involves buying or selling the Euro with the US Dollar, based on an individual's expectation of the price movement of the currency pair. The price of the EUR/USD is influenced by various factors, including economic data releases, monetary policy decisions, and geopolitical events, among others.
Trading EUR/USD in the Forex market involves buying or selling the Euro with the US Dollar, based on an individual's expectation of the price movement of the currency pair. The price of the EUR/USD is influenced by various factors, including economic data releases, monetary policy decisions, and geopolitical events, among others.