Sunday, January 17, 2010

What are commonly traded currency pairs (Majors) in forex trading ?

What are commonly traded currency pairs (Majors) in forex trading ?
Majors are the most liquid and widely traded currency pairs in the world. Trades involving majors make up about 90% of total Forex trading. The Majors are: EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD and USD/CAD.

Symbol Country Currency
USD : Euro members Euro
GBP : Great Britain Pound
JPY : Japan Yen
CHF : Switzerland Franc
CAD : Canada Dollar
AUD : Australia Dollar

GBP/USD is the only currency pair with its own name. It is known as "Cable" but there are also lots of abbreviations for other currency pairs such as

Symbol Known As
EUR/USD : Euro
GBP/USD : Cable
GBP/JPY : Geppy
AUD/USD : Aussie
NZD/USD : Kiwi
USD/CAD : Loonie
USD/CHF : Swissy
USD/JPY : Gopher

9 comments:

  1. thankk for information about symbol forex thank u

    ReplyDelete
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  4. Keren dah artikelnya!! jitak jitak nih..

    ReplyDelete
  5. adem......

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    n kep posting bwat bloger sekalian

    ReplyDelete
  6. penghasilan kencang ya broo...

    good luck....

    ReplyDelete