Forex
relationships and structure.
Global currencies are quoted against each other in pairs. Understanding how currencies relate, how trading sessions rotate and when liquidity windows open is the starting point for the FX market. Trade major pairs, crosses and commodity currencies on MetaTrader 5.
Browse currency pairs by category.
A currency pair consists of a base currency and a quote currency. All major pairs include the US dollar, crosses do not, and commodity currencies are closely linked to commodity prices.
Tradable instruments are governed by the current Product Specifications; spreads, swaps and trading sessions may change with market conditions or account type.
Market prices Third-party reference prices
Prices are provided by TradingView and may be delayed or temporarily unavailable; they are not Bayocean execution quotes. If prices do not load, use the source link below.
Look beyond the symbol, at how currencies relate.
Hover over any cell in the matrix to see the pair formed by the two currencies, its category and its main active sessions.
- Base currency
- Euro EUR
- Quote currency
- US Dollar USD
- Category
- Major pair
- Active sessions
- London · New York
24 hours, four financial centres in rotation.
The FX market has no single exchange. As Sydney, Tokyo, London and New York open in turn, participation and volatility across pairs shift; the hours when London and New York overlap are usually the most active.
What drives exchange rates.
Exchange rates reflect the relative strength of two economies. The events below often cause notable moves; their release times can be checked in advance in the economic calendar.
Rate decisions
Central bank hikes or cuts change the yield of holding a currency — a core driver of exchange rates.
Inflation data
The level of inflation shapes market expectations for the future rate path.
Employment data
Data such as US Non-Farm Payrolls often trigger sharp US dollar moves the moment they are released.
Economic growth
Growth data reflects economic fundamentals and influences the medium- to long-term direction of exchange rates.
Risk sentiment
In risk-off periods, money flows into USD, JPY and CHF; when risk appetite rises, it flows into commodity currencies.
Start trading forex on MT5.
After opening an account, trade major pairs and crosses on MT5 desktop or mobile. Please read the Product Specifications and Risk Disclosure before trading.