UNDERSTANDING CURRENCY PAIRS<\/a><\/div>\n<\/div>\n[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1590996622871{margin-top: 25px !important;}”][vc_column][vc_column_text el_class=”career what_forx”]<\/p>\n
The Majors<\/h4>\n
Most currency transactions involve the “Majors”, consisting of the British Pound (GBP), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF) and the US Dollar (USD). Whilst these are the key five currencies, the Canadian Dollar (CAD) and the Australian Dollar (AUD) are starting to be considered as additional ‘major’ currencies.<\/p>\n
Currencies in Pairs<\/h4>\n
The logic for currency pairing, is that if we had a single currency alone, we would have no means to measure its relative value. By pairing two currencies against each other a fluctuating value can be established for one versus the other.<\/p>\n
Currency Pairs that do not include the US dollar are commonly referred to as Cross Currency Pairs. Cross Currency trading can open a completely new aspect of the Forex market to speculators. Some cross currencies move very slowly and trend very well. Other cross currency pairs move very quickly and are extremely volatile with daily average movements exceeding 100 pips<\/p>\n
The SWAP<\/h4>\n
When we execute a Forex transaction, we essentially borrow one currency and lend another. This borrowing and lending is like any other banking transaction and therefore subject to interest rates. The interest is referred to as the SWAP rate in the currency markets. The Swap is a credit or debit as a result of daily interest rates. When traders hold positions overnight, they are either credited or debited interest based on the rates at the time.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=”stretch_row” css=”.vc_custom_1686979518207{padding-top: 8px !important;padding-bottom: 22px !important;background-color: #000000 !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_row_inner][vc_column_inner width=”5\/12″][vc_btn title=”Open Live Account” style=”custom” custom_background=”#000000″ custom_text=”#ffffff” shape=”square” align=”center” el_class=”white_border” link=”url:https%3A%2F%2Fmy.xtrememarkets.com%2Faccount%2Fregister.php%3Fmu%3D1||target:%20_blank|”][\/vc_column_inner][vc_column_inner width=”1\/6″][vc_column_text el_class=”ptxt”]<\/p>\n
Or<\/p>\n
[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/12″][vc_btn title=”Open Demo Account” style=”custom” custom_background=”#000000″ custom_text=”#ffffff” shape=”square” align=”center” el_class=”white_border” link=”url:https%3A%2F%2Fmy.xtrememarkets.com%2Faccount%2Fregister.php%3Fmu%3D1||target:%20_blank|”][\/vc_column_inner][\/vc_row_inner][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"
[vc_row full_width=”stretch_row” css=”.vc_custom_1591489369350{margin-bottom: 10px !important;background-color: #eceeef !important;}” el_class=”bcrumb”][vc_column][vc_column_text css=”.vc_custom_1591489410223{margin-top: -20px !important;margin-bottom: 15px !important;}”] HOME \/ EDUCATION \/ UNDERSTANDING CURRENCY PAIRS [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1590996622871{margin-top: 25px !important;}”][vc_column][vc_column_text el_class=”career what_forx”] The Majors Most currency transactions involve the “Majors”, consisting of the British Pound (GBP), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF) and the US Dollar (USD). Whilst these<\/p>\n... continue reading<\/a>.","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"\r\nUnderstanding Currency Pairs \u2013 Learn How To Trade Forex | Xtream markets<\/title>\r\n<meta name=\"description\" content=\"Most currency transactions involve the "Majors", consisting of the British Pound (GBP), Euro (EUR), Japanese Yen (JPY), Swiss Franc (CHF) and the US Dollar (USD). | Xtream markets\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.xtrememarkets.com\/MU\/understanding-currency-pairs\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"Understanding Currency Pairs \u2013 Learn How To Trade Forex | Xtream markets\" \/>\r\n<meta property=\"og:description\" content=\"Most currency transactions involve the "Majors", consisting of the British Pound 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