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Monday, November 12, 2007

Forex Currency Pairs

The Four Major Forex Currency Pairs
Forex currencies always trade in pairs. You buy one currency and sell the other currency in the pair. There are many pairs of currencies, but these pairs are the most highly traded. These four majors pairs online account for 70% of the USD 1.7 trillion daily volume.

The Four Major Forex Currency Pairs:

  1. Euro Currency/US Dollar
  2. Great Britain Pound/US Dollar
  3. US Dollar/Swiss Francs
  4. US Dollar/Japanese Yen
Other Forex Currency pairs
Besides the four majors, there are many other currency pairs. They are sometimes referred to as the minor forex currency pairs

Asian Forex currency pairs:
  1. Australian Dollar/US Dollar
  2. US Dollar/Singapore Dollar
  3. US Dollar/ Korean Won
  4. US Dollar/ China Yuan or RMB
Other forex Currency pairs:
  1. US Dollar/South African Rand
  2. US Dollar/Mexico Peso
  3. US Dollar/Swedish Krona

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