The popularity of trading the Foreign Exchange market has exponentially grown over the past three decades since we could remember. Having encountered countless traders, where the majority are so familiar and more knowledgable when it comes to the Forex majors.
With a globally linked trading mechanism in place when discussing about the Foreign exchange market, the Majors currency Pairs has always been in the limelight. This has been the priority & most basic information for any financial institution providing feeds or a varity of financial news coverage in the market. The obvious reason is simply that majority of businesses and economies in different parts of the world runs under their respective currency flagship. The assortment of industry levels that deals with trade in a global perspective will always be concentrated with a balance between nations currency values.
Traders have always asked...Why go beyond the Major Currency pairs, while majority of the trades nowadays are made simple towards the majors?
Why FX Majors & Cross Rates?
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