Currency Pairs Trading Strategies

Welcome to our guide on Currency Pairs

The following types of pairs will be included

  • Major currency pairs
  • Minor currency pairs
  • Exotic currency pairs

In this guide we present a more profound approach to currency trading. Here one will be provided with a quick glimpse at the economy of 22 developed and developing countries, a list of those macroeconomic indicators that tend to move the market the most, as well as a list of currency pair properties every trader should be familiar with.

Three types of pairs will be featured:

1. Major currency pairs such as EUR/USD, GBP/USD, USD/JPY, etc;

2. Minor currency pairs such as EUR/GBP, GBP/JPY, EUR/CAD etc;

3. Exotic currency pairs such as USD/RUB, USD/SGD, EUR/TRY etc.

For each cross we examined the average annual volatility (in regard to the whole 2014), its correlation to other pairs, as well as its performance from a specific date in 2014 until the end of the year. Performance was evaluated in relation to the US dollar, the euro and the British pound. In addition, we examined the carry trade opportunities for each of the featured pairs.

Last but not least, we provide the reader with a quick view of the fundamental and the technical side of currency trading.