Major currencies are those which enjoy a higher turn over in the Forex market than other currencies, being heavily traded; these currencies give you excellent liquidity which in turns increases volatility….. The single most important factor for winning and loosing the game!
 In the following table we can see all the heavily traded currencies viz, major currencies, also notice the nomenclature, every currency has a three letter name, like United States dollar is called USD, here first two letters stand for the country name and the last one is the name of currency thus making the symbol

Symbol

Country

Currency

 

USD

United States

Dollar

 

EUR

Euro zone members

Euro

 

JPY

Japan

Yen

 

GBP

Great Britain

Pound

 

CHF

Switzerland

Franc

 

CAD

Canada

Dollar

 

AUD

Australia

Dollar

 

NZD

New Zealand

Dollar