Forex Currency Pairs

Posted by: | Posted on 3:45:00 AM | Post Categories

Forex trading is the buying and selling of one currency at a time. Currency is traded through any broker or dealer and in pairs.


For example: Euro and EU. S. Dollar pair EUR / USD or British Pound and Japanese Yen pair GBP / JPY.

When you do Forex trading, you need to buy / sell through Pair.

Suppose, at the two ends of this rope are the economic conditions of the two countries. Exchange rates fluctuate based on when a currency is strong.
Major Currency Pairs:

The following currency pairs are considered as major currency pairs. These currency pairs are USD pairs and are traded instantly. These major pairs have the highest liquidity and are the most traded in the world.


 

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