Wednesday, August 11, 2010

Currency pairs


To simplify matters, forex markets means that currencies are
being traded in pairs. Symbol are combined of two currencies that are
traded against each other. Major currency pairs include most important
world currencies. Major currencies pairs are: EUR/USD, USD/JPY, GBP/USD,
USD/CHF, AUD/USD...

Majority of trading goes to american dollar pairs, although other currencies pairs
are also traded. Forex markets consist of a lot of different currency pairs,so news and
other factors affect every currency pair different. You can exploit some major news,
like FED meetings, economy news for each currency pair indepent of each other.

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