As the American economy remains shaky and reeling from recession, the foreign exchange trading financial market, though still heavily United States dollar (USD) centered, is opening up more and more to other currencies as reference currencies. Currently, the internationally accepted greenback enjoys an 86.3% daily share and is the top traded currency in forex trading. This is most evident on trading a European currency with a non-European currency (with the exception of the Japanese Yen) wherein the Euro (EUR) is first traded with USD before the dollar is traded with the third currency. But as the EUR gains popularity and with its stability, it is used more and more as the baseline currency and thus enjoys second place with a 37% daily share. The Japanese Yen (JPY), Britains Pound sterling (GBP) and the Swiss Franc (CHF) round off the top five with 17%, 15% and 6.8% daily shares respectively. Recent economic and commodity-productive countries also enjoy higher trading shares such as Australia, Canada and New Zealand.