The EUR/USD, also known as the Euro/US Dollar currency pair, is one of the most widely traded pairs in the foreign exchange market (Forex). It represents the exchange rate between the Euro, the official currency of the Eurozone, and the US Dollar, the official currency of the United States. Traders and investors closely monitor the EUR/USD pair as it reflects the relative strength and economic conditions between the Eurozone and the United States. Fluctuations in the EUR/USD rate can impact global financial markets and are of significant interest to those involved in international trade, investment, and Forex trading.