24/06/2022
If you want to understand about Forex then you have to know about currency pairs.
There are three categories of currency pairs:
The “majors“
The “crosses“
The “exotics“
Major Currency Pairs:
These pairs all contain the U.S. dollar (USD) on one side and are the most frequently traded.
While there are EIGHT major currencies, there are only SEVEN major currency pairs.
Compared to the crosses and exotics, price moves more frequently with the majors, which provides more trading opportunities.
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