Online Currencies
Exotic Currency Pairs
Trading Exotic Currency Pairs In the world of currency trading, currencies have different strengths. The world’s strongest currencies are called major currencies which usually belong to countries with relatively strong economies. These are also the most traded currencies and … (Click to read more)
European Currency Pairs
The foreign exchange market works in currency pairs, whereby the value of one currency is paired with and set against the value of another to gauge their relative strength to one another. A shift in the value of either currency … (Click to read more)
Asian/Pacific Currency Pairs
Nowadays, Asian/Pacific currency pairs are being traded at an increasing rate. According to a recent survey, trading volumes in the Asia-Pacific session make for about 21 percent of total daily global volume. The chief financial trading centers are Sydney, Australia; … (Click to read more)
African Currency Pairs
Overlooked Trading Opportunities When investors discuss currency pairs they typically focus on the group called “major currency pairs” which consists of the most widely-traded currencies in the market such as the United States dollar, the euro, the British pound, and … (Click to read more)
The Indian Rupee
The Indian Rupee (ISO code: INR) is the official currency of India. The Indian Rupee is issued by the Reserve Bank of India. The English translation of “Rupee” is “silver” and the name exists because it was previously a silver … (Click to read more)
The Canadian Dollar
The letters CAD on the foreign currency exchange market represent the Canadian dollar, the currency of Canada. Like other currencies denominated in dollars, the CAD uses the symbol $, often also written as C$ to distinguish it from other dollars. … (Click to read more)
The Australian Dollar
The Australian dollar is the currency of the Commonwealth of Australia, including Christmas Island, Cocos Islands and Norfolk Island and the independent Pacific Island states of Kiribati, Nauru and Tuvalu. Within Australia it is almost always abbreviated with the dollar … (Click to read more)
The Swiss Franc
The Swiss Franc (CHF) stands for the Confederation Helvetica Franc and is the official currency of Switzerland and Liechtenstein. The currency is used by the Central Bank of Switzerland. The CHF is the only remaining currency in Europe that is … (Click to read more)
The New Zealand Dollar
The abbreviation NZD refers to the currency of New Zealand, the New Zealand Dollar. The currency uses the sign $, although NZ$ is also commonly used to distinguish it from other currencies denominated in dollars. The New Zealand Dollar is … (Click to read more)
The Russian Ruble
RUB stands for the Russian rouble (or ruble), the official currency of the Russian Federation. Despite its ancient origins, the Russian rouble currently has no official symbol, although the abbreviation руб (which is the Cyrillic equivalent to RUB) is widely … (Click to read more)