Saturday, 29 June 2013

Currency pairs traded in forex market.

There are three types of currency pairs
  • Major currency pairs
  • Minor or cross currency pairs
  • Exotic pairs
Major currenc pairs
These pairs all contain USD on one side and are the most liquid and frequently traded pairs.

Following are major currency pairs
  • EUR/USD
  • USD/JPY
  • GBP/USD
  • USD/CHF
  • USD/CAD
  • AUD/USD
  • NZD/USD
Cross/Minor currency pairs
They are currency pairs which donot contain USD in it. Most actively traded crosses are derived from three major non-USD currencies. EUR, JPY, USD.

EUR crosses
  • EUR/CHF
  • EUR/GBP
  • EURCAD
  • EUR/AUD
  • EUR/NZD
JPY crosses
  • EUR/JPY
  • GBP/JPY
  • CHF/JPY
  • CADJPY
  • AUD/JPY
  • NZD/JPY
GBP crosses
  • GBP/CHF
  • GBP/AUD
  • GBP/CAD
  • GBP/NZD
Other crosses
  • AUD/CHF
  • AUD/CAD
  • AUD/NZD
  • CAD/CHF
  • NZD/CHF
  • NZD/CAD
Exotic pairs
Exotic pairs are made up of one major currency paired with the currency of an emerging economy.
  • USD/HKD
  • USD/SGD
  • USD/ZAR
  • USD/THB
  • USD/MXN
  • USD/DKK
  • USD/SEK
  • USD/NOK

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