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MAJOR CURRENCY PAIRS
The Majors are the most popular and most liquid pairs and always have the US dollar as one half of the pair
MINOR CURRENCY PAIRS
The Minors are the pairs which do not include the US dollar, but contain the remaining major currencies; the EUR, JPY and GBP. The Minors have also been nicknamed “Crosses”.
EXOTIC CURRENCY PAIRS
These currency pairs are made up of a major currency pair coupled up with the currency of a developing economy.