#CryptoMarketWatch The currency that is most favored for trading is the US Dollar (USD). It is the world's primary reserve currency and is involved in the majority of global forex transactions. The USD is highly liquid, widely accepted, and serves as a benchmark for many other currencies. Major pairs like EUR/USD, USD/JPY, and GBP/USD dominate the forex market due to their stability and high trading volume. Traders prefer the USD because of its strong economic backing, political stability, and the influence of the US Federal Reserve. Its dominance in international trade and finance makes it a cornerstone of currency trading worldwide.