Which Currency Pairs Should You Buy in Ireland in 2025?

Interest in currency pairs continues to grow in 2025 as market trends evolve amid changing monetary policies, geopolitical events, and economic data releases. Last year saw notable volatility and price swings, prompting investors to seek ways to capitalise on dynamic conditions. Many now look for the best opportunities in the current climate. This page provides an overview of the most promising assets, drawing on historical performance, market capitalisation, growth outlook, volatility, and sector trends—suitable for both beginners and seasoned investors.

Attention!

The content on this page is provided for informational purposes only and does not constitute investment advice. Before investing in any financial instrument, such as commodities or forex, you should conduct your own thorough research, assess the potential risks, and act with caution. Please ensure you are aware of and compliant with all applicable Irish and EU regulations. I understand you're asking for a detailed stock analysis, but "currency pairs" is not a specific stock. Currency pairs are financial instruments used in forex (foreign exchange) trading, where one currency is traded against another (like EUR/USD, GBP/USD, etc.). Currency pairs are not stocks that trade on stock exchanges, but rather represent the exchange rate between two different currencies in the forex market. They don't have: - Stock prices or market capitalization - Dividend yields or P/E ratios - ISIN codes for stock trading - Traditional stock market fundamentals If you're looking for analysis on: 1. A specific forex broker company (like a publicly traded forex platform), please provide the exact company name and country 2. A specific stock related to currency/financial services, please provide the exact stock name and ticker 3. General forex market analysis, I can provide information about major currency pairs and trading strategies Could you please clarify which specific stock or company you'd like me to analyze? This will allow me to provide the comprehensive financial analysis you're looking for with all the quantitative and qualitative data you requested.

What are the most promising currency pairs in 2025?

The forex market offers a wide range of currency pairs that remain attractive to traders and investors in 2025. For those based in Ireland, tracking the most liquid and active pairs can be beneficial, as their price moves are often influenced by macroeconomic events, central bank policy, and global capital flows. The following table highlights 10 of the most popular and promising currency pairs in 2025, selected for their volatility, liquidity, correlation with major assets, average spreads, and relevance to the broader market environment.

EUR/USD

EUR/USD is the world’s most traded currency pair, acting as a barometer for international risk sentiment and global policy divergence. Its deep liquidity and very tight spreads make it especially appealing to Irish and European participants, ensuring highly competitive pricing and ease of execution.

Activity often peaks during the London and New York sessions, allowing access to significant price action and economic news from both major economies. This pair’s status as a benchmark for both the euro and the US dollar ensures it remains a key focus for macro and technical trading strategies in 2025.

GBP/USD

GBP/USD’s volatility and macro sensitivity have kept it in focus for traders seeking to capitalize on UK/US data, Bank of England and Federal Reserve announcements, or sudden political developments.

During major economic releases, such as GDP or inflation data from London or Washington, this pair can see sharp price swings. Its ample liquidity ensures that trades can be executed efficiently even when volatility spikes, appealing to those with an appetite for dynamic market environments.

USD/JPY

USD/JPY remains a centerpiece of global FX thanks to Japan’s role as a major lender and safe haven. Its price action is highly influenced by differences in interest rates between the Bank of Japan and the Federal Reserve, making it a textbook example for those watching global policy divergence.

The pair also serves as a "risk barometer," often strengthening the yen in times of financial stress, or weakening as global risk appetite grows. Active participation by institutions and algorithmic traders enhances its profile.

USD/CHF

USD/CHF is notable for its reputation as a safe-haven asset, attracting flows in times of uncertainty or financial instability. Its low volatility and reliable liquidity appeal to those wishing to protect portfolios or diversify away from riskier holdings.

Movements are often driven by global financial events, flight to quality, or interest rates set by the Swiss National Bank, making it an effective tool for defensive strategies in 2025.

USD/CAD

USD/CAD’s close ties to commodity prices, especially oil, and the health of the US and Canadian economies make it a fundamental pair for Ireland-based investors with an interest in North American trade and resource markets.

Movements in this pair tend to reflect both local news and broader trends in commodity cycles, creating opportunities for risk management and tactical exposure to energy and trade flows.

AUD/USD

AUD/USD is highly sensitive to trends in global commodities and economic sentiment in Asia. It is actively used by macro traders as a way to express views on Chinese growth, resource markets, and trade relationships.

Its reliable liquidity and tendency for healthy volatility support both tactical shorts and longs as market participants position around commodity cycles and central bank policy.

NZD/USD

NZD/USD offers exposure to the agricultural and regional strengths of New Zealand, highly influenced by Asian trade and risk sentiment. Its movements typically align with good or adverse news out of China, regional commodity shifts, or central bank decisions.

Suitable for those seeking additional volatility or diversification, this pair becomes more relevant when global flows move towards or away from commodity and trade themes.

EUR/GBP

EUR/GBP is a cross pair that directly responds to developments in both the EU and the UK, making it a useful barometer for British and European investors, especially when political or central bank-driven volatility emerges.

It serves as a popular instrument for hedging or taking views on the relative strength of the euro versus the pound, frequently reflecting the UK’s relationship with its largest trading partner.

EUR/JPY

EUR/JPY provides a macro view between European and Japanese economies, reacting to interest rate differentials, economic news, and shifts in global risk. This pair can capture major currency trends and is often used in carry trades or as part of sophisticated portfolio strategies.

As cross-border flows between Europe and Japan intensify, active monitoring of this pair often yields timely insights into broader global capital movement.

USD/CNH

USD/CNH serves as a window into Chinese economic policy and its relationship with global markets. It is watched closely for signals on emerging markets risk and acts as a conduit for expressing global trade and policy views.

Frequent interventions and government policy announcements give this pair added volatility, attracting those looking to diversify into Asia or speculate on macro themes.

These pairs have been selected for their high relevance, established liquidity, and their ability to offer varied exposure to global economic cycles, making them essential benchmarks for currency traders and analysts in Ireland in 2025.

Which currency pairs to choose based on your investor profile?

Before deciding which assets to buy in the currency pairs category, it’s important to consider your investor profile, goals, and previous experience with financial markets. The right approach can vary significantly depending on whether you’re a beginner, have some experience, or are an advanced trader. Understanding your needs will help you choose the most appropriate currency pairs and trading methods to match your comfort with risk and investment horizon.

Good to know:

 If you’re just starting out, consider trading with a small initial budget. This will allow you to gain valuable experience and build confidence without taking on excessive risks.

How to buy currency pairs in Ireland?

Buying financial assets has become accessible to everyone in Ireland thanks to regulated and secure online platforms. Whether you’re interested in stocks, cryptocurrencies, ETFs, or commodities, you can follow a few straightforward steps to get started safely, even as a beginner.

Good to know

In Ireland, profits you earn from selling financial assets (capital gains) may be subject to taxation. It’s important to keep a detailed record of your transactions, as you may need this information for tax reporting or compliance in the future.

Our 5 tips before buying currency pairs

Before you buy your first currency pairs, it’s important to take a few precautions to help protect your money and reduce risks. The foreign exchange (forex) market can move quickly and involves unique factors compared to stocks or ETFs. Following expert tips and making sure your broker is regulated by the Central Bank of Ireland or other reputable EU authorities will support you in investing confidently and safely.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.