What are major, minor and exotic currency pairs in derivative market. The most traded currency pairs in the world are called the Majors. The list includes following currencies: Euro (EUR), US Dollar (USD), Japanese Yen (JPY), Pound Sterling (GBP), Australian Dollar (AUD), Canadian Dollar (CAD), and the Swiss Franc (CHF). https://finosutra.blogspot.com/2020/04/derivative-market-ka-gyan.html Unlike any other traded asset class, the most significant part of currency market is the concept of currency pairs. In currency market, while initiating a trade you buy one currency and sell another currency. Therefore same currency will have very different value against every other currency. For example, same USD is valued at say 45 against INR and say 82 against JPY. This peculiarity makes currency market interesting and relatively complex. For major currency pairs, economic development in each of the underlying country would impact value of each of the currency, although in varying ...
FINOSUTRA is driven by passion to educate people investing in stock market and trading in Short and long term Market. At Trading world we are committed to help you get better by imparting knowledge. Our goal is to train you, nurture you and toil hard with you to make you a better trader and investor.