The “exotic pair” is a forex term for a pair which includes one thinly traded (exotic) currency. Exotic currencies are not liquid and are traded at low volumes. They are called  exotic because they are not usually traded in a typical brokerage account. Examples of exotic currencies are the Thai baht, the Russian ruble, the Israeli shekel or the Singapore dollar.

New Zealand controls one third of the world dairy and meat products. Therefore, the country’s financial system is focused on the agriculture.

Continuing high unemployment rates suffered by the Canadian economy results in the Canadian dollar depreciating against the US dollar.

In this scenario, high inflation rates and high unemployment in the European Union (EU) countries drives down the value of EUR/CHF. Traders respond by selling (Bid) the EUR/CHF currency pair.