Each State of its own currency, and in the international market are given for each currency a special symbol Symbol knows it for easy handling without errors occur, for example, may resemble a number of countries in the name of the currency with which the dollar is the name of U.S. currency and the currency of Australia and the currency of Canada and many other countries, even I talk to errors when buying and selling internationally has been agreed that given the currency of each country has its own code symbol known in different parts of the world and known symbols to ISO Codes.
The following PARGRAPH shows the most heavily traded currencies and their symbols and titles, which it calls:
Currency title Sympol Currency
Euro EURO Euro
Cable GBP Pound Sterling
Green Back USD U.S. dollar
Swissy CHF Swiss Franc
JPY Japanese Yen
Loonie CAD Canadian dollar
Aussie AUD Australian dollar
Kiwi NZD New Zealand Dollar
And trading in the forex market is concentrated primarily the sale and purchase of four currencies against the U.S. dollar, namely:
The euro: the single European currency symbol and EUR.
Japanese Yen: Japan's currency is JPY and Symbol
Pound: the currency in which Britain and the symbol GBP
CHF: Switzerland and the currency in which his character CHF
We have stated previously that currency trading is in the form of pairs of pairs When you buy a currency must be sold (paid) against which another currency, and vice versa. The currency is obtained by buying the currency and the currency is driven by the currency in which they sell.
In the currency market when you buy the euro interview will sell the U.S. dollar, euro and when you sell the U.S. dollar will buy the interview.
When the interview will sell yen to buy the dollar, and sell when the yen the dollar will buy the interview, and so the pound sterling and Swiss franc.
Major currencies Majors:
Called when the following four currencies are bought and sold against the U.S. dollar major currencies Majors:
The euro against the dollar EUR / USD
The pound sterling against the dollar, GBP / USD
Dollar against the Japanese Yen USD / JPY
Dollar against the Swiss franc USD / CHF
Other currencies:
In addition to handling the previous four currencies against the dollar, you can also sell and buy currencies of other countries in the currency market is also against the dollar, such as:
The U.S. dollar against the Canadian Dollar USD / CAD
Australian dollar against the U.S. dollar AUD / USD
New Zealand dollar against the U.S. dollar NZD / USD
Ie when you buy the Canadian dollar will sell (push) the U.S. dollar, and sell when the Canadian dollar will buy the U.S. dollar, and the same applies to the Australian dollar and New Zealand dollar.
Crosses Croses:
Called the currency to be bought or sold for other currencies than the U.S. dollar currency hybrid Croses.
You can buy the euro and the pound sterling interview sell EUR / GBP.
You can buy and sell interview Franc Japanese Yen CHF / JPY.
So you can buy any currency against another currency without any need for the U.S. dollar.
The most famous hybrid currencies that are traded in the currency market are:
The euro against the pound sterling EUR / GBP
The euro against the Japanese Yen EUR / JPY
The euro against the Swiss Franc EUR / CHF
The euro against the Australian dollar EUR / AUD
Euro against the Canadian dollar EUR / CAD
The pound sterling against the Japanese Yen GBP / JPY
The pound sterling against the Swiss franc GBP / CHF
But as we mentioned earlier, the vast majority of traders are focusing on buying and selling major currencies, mainly, and some prefer to deal in currency trading to some hybrid.
And trading in the forex market is concentrated primarily the sale and purchase of four currencies against the U.S. dollar, namely:
The euro: the single European currency symbol and EUR.
Japanese Yen: Japan's currency is JPY and Symbol
Pound: the currency in which Britain and the symbol GBP
CHF: Switzerland and the currency in which his character CHF
We have stated previously that currency trading is in the form of pairs of pairs When you buy a currency must be sold (paid) against which another currency, and vice versa. The currency is obtained by buying the currency and the currency is driven by the currency in which they sell.
In the currency market when you buy the euro interview will sell the U.S. dollar, euro and when you sell the U.S. dollar will buy the interview.
When the interview will sell yen to buy the dollar, and sell when the yen the dollar will buy the interview, and so the pound sterling and Swiss franc.
Major currencies Majors:
Called when the following four currencies are bought and sold against the U.S. dollar major currencies Majors:
The euro against the dollar EUR / USD
The pound sterling against the dollar, GBP / USD
Dollar against the Japanese Yen USD / JPY
Dollar against the Swiss franc USD / CHF
Other currencies:
In addition to handling the previous four currencies against the dollar, you can also sell and buy currencies of other countries in the currency market is also against the dollar, such as:
The U.S. dollar against the Canadian Dollar USD / CAD
Australian dollar against the U.S. dollar AUD / USD
New Zealand dollar against the U.S. dollar NZD / USD
Ie when you buy the Canadian dollar will sell (push) the U.S. dollar, and sell when the Canadian dollar will buy the U.S. dollar, and the same applies to the Australian dollar and New Zealand dollar.
Crosses Croses:
Called the currency to be bought or sold for other currencies than the U.S. dollar currency hybrid Croses.
You can buy the euro and the pound sterling interview sell EUR / GBP.
You can buy and sell interview Franc Japanese Yen CHF / JPY.
So you can buy any currency against another currency without any need for the U.S. dollar.
The most famous hybrid currencies that are traded in the currency market are:
The euro against the pound sterling EUR / GBP
The euro against the Japanese Yen EUR / JPY
The euro against the Swiss Franc EUR / CHF
The euro against the Australian dollar EUR / AUD
Euro against the Canadian dollar EUR / CAD
The pound sterling against the Japanese Yen GBP / JPY
The pound sterling against the Swiss franc GBP / CHF
But as we mentioned earlier, the vast majority of traders are focusing on buying and selling major currencies, mainly, and some prefer to deal in currency trading to some hybrid.
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