The most popular pair traded is the Euro vs.
Traditional macro exchange rate models pay little attention to how trading in the FX market actually takes place. The implicit assumption is that the details of trading (i.e., who quotes currency prices and how trade takes place) are unimportant for the behavior of exchange rates over months, quarters or longer. https://nerdbot.com/2022/04/27/dotbig-ltd-review-first-impression-of-the-european-forex-broker/ Micro-based models, by contrast, …