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Forex pairs show how one currency is priced against another, like EUR/USD or GBP/JPY. They’re divided into major, minor, and exotic pairs, each with its own level of movement and liquidity. Knowing how these pairs behave helps traders pick markets that fit their approach and manage risk more effectively.

  • 2 months later...
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Forex pairs indicate the value of one currency compared to another, expressing how much of the quote currency is required to purchase the base currency. They are categorized as major, minor, or exotic pairs. Common examples include EUR/USD, USD/JPY, and GBP/USD, traded based on economic indicators and market trends.

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