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Any time you trade Forex, what you’re doing is trading one currency against another. That makes currency pairs one of the foundations of Forex trading. But how do you decide which pair to trade? When’s the best time to trade? And why are currencies always listed in pairs?
While keeping in mind that every trader will have different aims and strategies, we’ve compiled some useful links that should help anyone new to Forex to better understand currency pairs.
This article provides a simple understanding of what currency pairs in Forex trading are answering FAQs
An illustrated guide to currency rates and pairs for new traders
Tips for choosing which currency pairs to trade
Discover the different trading sessions and the best times to trade different currencies
Know your ‘Çable’ from your ‘Fiber’; a list of common slang names for major currency pairs.