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Types of Currency Pairs

There are three types of the forex the currency pairs: majors, crosses, and exotics.

The “major” pairs are the currencies of the leading economic powers paired with the U.S. dollar. The “crosses” are all pairs of the main currencies except the pairs with the U.S. dollar. The exotics are the currencies of developing and rising economic states.

This section presents the most popular  pairs in each category and a short discussion of possible economic factors which may have an impact on the exchange rate.