What makes the markets move?
Learn what makes some of the most traded currency pairs in the world go around. What are their technical characteristics and what fundamental data do they rely on the most?
Quickly overview the current analysis for any given pair and trade with confidence!
Major pairs include: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD, NZD/USD.
Currency pairs that don't include the U.S. dollar in their pairing are known as the minors or the crosses.
The most actively traded crosses are derived from the three major non-USD currencies: EUR, JPY, and GBP.
Exoti... you're probably thinking exotic countries and exotic belly dancers, but let me stop your imagination there.The label has nothing to do with the location or size of the country (or the number of belly dancers) where the currency is used.
Exotic currency pairs are made up of one major currency paired with the currency of an emerging economy, such as Brazil, Mexico, Chile or Hungary.