This article presents a list of all the Forex currency pairs. The currency pairs are grouped according to major, exotic, precious, and correlated pairs.
™
Forex currency pairs are the integral instruments being traded in Forex. They are also called securities. In Forex unlike stocks and commodities, the security or trading instruments are paired in a BUY/SELL or SELL/BUY pattern. For example the Forex currency pair EURUSD technically would mean buy the Euro and sell the Dollar or sell the EUR and buy the Dollar. Profits are made when the EUR for example is bought at 1.4500 dollars and later sold at 2.4950 dollars (i.e. buy EURUSD at $1.4500 and later sell when EUR is $2.4950) This is where the slogan "Buy LOW and Sell HIGH" comes in.
A lot of traders often do not know the Forex currency pairs available in Forex. Most traders would have been more successful only if they diversify their strategies to include other currency pairs.
Other details such as swaps, spreads, or currency pip range are not included in the list as they are broker specifics, and they are dynamic in nature.
FOREX CURRENCY PAIRS
1. All Forex Currency Pairs (ordered alphabetically)
S/N FX PAIR
1. AUDCAD - Australian Dollar/Canadian Dollar
2. AUDCHF - Australian Dollar/Swiss Franc
3. AUDJPY - Australian Dollar/Japanese Yen
4. AUDNZD - Australian Dollar/New Zealand Dollar
5. AUDUSD - Australian Dollar/US Dollar
6. CADCHF - Canadian Dollar/Swiss Franc
7. CADJPY - Canadian Dollar/Japanese Yen
8. CHFJPY - Swiss Franc/Japanese Yen
9. EURAUD - Euro/Australian Dollar
10. EURCAD - Euro/Canadian Dollar
11. EURCHF - Euro/Swiss Franc
12. EURDKK - Euro/Danish Krone
13. EURGBP - Euro/Great Britain Pound
14. EURHUF - Euro/Hungarian Forint
15. EURJPY - Euro/Japanese Yen
16. EURNZD - Euro/New Zealand Dollar
17. EURPLN - Euro/Polish Zloty
18. EURUSD - Euro/US Dollar
19. GBPAUD - Great Britain Pound/Australian Dollar
20. GBPCAD - Great Britain Pound/Canadian Dollar
21. GBPCHF - Great Britain Pound/Swiss Franc
22. GBPJPY - Great Britain Pound/Japanese Yen
23. GBPNZD - Great Britain Pound/Australian Dollar
24. GBPUSD - Great Britain Pound/US Dollar
25. NZDCAD - New Zealand Dollar/Canadian Dollar
26. NZDCHF - New Zealand Dollar/Swiss Franc
27. NZDJPY - New Zealand Dollar/Japanese Yen
28. NZDUSD - New Zealand Dollar/US Dollar
29. USDCAD - US Dollar/Canadian Dollar
30. USDCHF - US Dollar/Swiss Franc
31. USDDKK - US Dollar/Danish Kronor
32. USDHKD - US Dollar/Hong Kong Dollar
33. USDHUF - US Dollar/Hungarian Forint
34. USDJPY - US euro247 Dollar/Japanese Yen
35. USDNOK - US Dollar/Norwegian Kronor
36. USDPLN - US Dollar/Polish Zloty
37. USDRON - US Dollar/Romanian Lei
38. USDSEK - US Dollar/Swedish Kronor
39. USDSGD - US Dollar/Singapore Dollar
40. USDTRY - US Dollar/Turkish Lira
41. USDZAR - US Dollar/South Africa Rand
42. ZARJPY - South African Rand/Japanese Yen
2. Forex Currency - Major Pairs
These are the major pairs predominantly traded in Forex. In an economic view, these pairs dominate the financial world due to their political, and financial might. An undesirable economic shock on either of these pairs can send ripple effects that would affect the world economy. These pairs are also known for their high volatility.
S/N FX PAIR
1. EURUSD - Euro/US Dollar
2. USDJPY - US Dollar/Japanese Yen
3. GBPUSD - Great Britain Pound/US Dollar
4. GBPJPY - Great Britain Pound/Japanese Yen
5. EURGBP - Euro/Great Britain Pound
6. EURJPY - Euro/Japanese Yen
7. USDCHF - US Dollar/Swiss France
3. Forex Currency Exotic Pairs
These are rarely traded pairs with low volumes, market depth, and very high bid/ask spread rate. They are expensive pairs to trade with due to their high spread rates.
S/N FX PAIR
1. USDDKK - US Dollar/Danish Kronor
2. USDHKD - US Dollar/Hong Kong Dollar
3. USDHUF - US Dollar/Hungarian Forint
4. USDJPY - US Dollar/Japanese Yen
5. USDNOK - US Dollar/Norwegian Kronor
6. USDPLN - US Dollar/Polish Zloty
7. USDRON - US Dollar/Romanian Lei
8. USDSEK - US Dollar/Swedish Kronor
9. USDSGD - US Dollar/Singapore Dollar
10. USDTRY - US Dollar/Turkish Lira
11. USDZAR - US Dollar/South Africa Rand
12. EURDKK - Euro/Danish Krone
13. EURHUF - Euro/Hungarian Forint
14. EURPLN - Euro/Polish Zloty
15. EURNZD - Euro/New Zealand Dollar
16. ZARJPY - South African Rand/Japanese Yen
4. Forex Currency - Correlated Pairs
Correlated pairs are currency pairs that have similar price patterns, movement, reactions, and price action. Therefore it is not wise to trade some of these pairs at the same time because it would multiply the risk in your account when the market goes against you. Also it would be disastrous to trade some of these pairs at the same time because they move against themselves. For example if there is a sell signal on the EURUSD, then it is 95% likely that the same signal would appear on the GBPUSD but not likely with the same intensity.
S/N FX PAIR
1. EURUSD - Euro/US Dollar
2. EURGBP - Euro/Great Britain Pound
3. USDCHF - US Dollar/Swiss Franc
4. USDJPY - US Dollar/Japanese Yen
5. AUDNZD - Australian Dollar/New Zealand Dollar
6. AUDUSD - Australian Dollar/US Dollar
7. GBPJPY - Great Britain Pound/Japanese Yen
8. GBPUSD - Great Britain Pound/US Dollar
9. EURJPY - Euro/Japanese Yen
10. AUDJPY - Australian Dollar/Japanese Yen
11. NZDJPY - New Zealand Dollar/Japanese Yen
5. Forex Metals
These are assets in form of gold and silver. Their unique nature makes them an appetite for investment through stocks or commodity market. These precious metals are also used as currency tender and materials for producing high quality jewelries. Some country's monetary power is backed up by the amount of gold in their reserve.
S/N FX PAIR
1. XAUEUR - Gold/Euro Spot
2. XAUUSD - Gold Spot
3. XAGEUR - Silver/Euro Spot
4. XAGUSD - Silver Spot
The European economy continues to make subtle moves in the direction of more unified and impressive economic growth. Improving economic performance is tied, in part, to strong global economic growth. It is also tied to greater labor flexibility across the Continent than was the case a few years ago. The recent political shift to the right in France suggests that even the French economy might show more signs of growth in coming years than was the broad expectation a year ago.
European economic growth in 2006 was the strongest of the past six years. The more broadly defined 27-nation European Union recorded real (inflation adjusted) economic growth in 2006 of 3.0%. The 13 nations that share the euro currency saw real growth last year of 2.7%.
Growth forecasts for 2007 adopted by the European Commission--the executive arm of the European Union--see real growth near 2.9% for the larger Europe, with the euro currency nations seeing growth of 2.6%. In both cases, growth rates would likely exceed that found in the U.S.
Broad European unemployment was 7.2% in March 2007, the lowest in 14 years of recordkeeping. By comparison, U.S. unemployment is currently 4.5%.
European growth forecasts for 2008 are slightly weaker than expectations for this year. In contrast, most U.S. forecasts for 2008 see real growth returning to near 3.0%.
Various export-dependent European nations, particularly the Germans, are benefiting from strong global economic growth and rising demand for exports. While the stronger euro currency could, in theory, depress European exports, such a development has yet to occur.
Deja Vu
By certain measures, the European economy is similar to where the U.S. economy was 2-3 years ago. Beginning in June 2004, the Federal Reserve--America's central bank--began a lengthy process of monetary tightening in order to minimize inflation pressures tied to solid U.S. economic growth. Such a program is now underway in Europe.
The European Central Bank (ECB) has boosted its key short-term interest rate seven times since December 2005. The ECB announced recently that another 0.25% tightening move would occur in June, pushing the rate to 4.00%. In addition, the Bank of England...yes, that nation's central bank...boosted its key rate to 5.50% recently, a six-year high. The Bank noted strong U.K. economic growth and high levels of business investment as its rationale.
Many economists see an additional move or two before the end of the year. In contrast, America's key short-term interest rate has been at 5.25% since late June 2006 following 17 tightening moves, with many forecasters, including yours truly, seeing a chance for slight Fed ease late in 2007.
Labor Flexibility
So what are the Europeans finally doing right? Besides a boost from strong global growth, the Germans, the Spaniards, and others have introduced greater labor flexibility into their economies. As a result, various European companies are more willing to hire at home, versus shifting current jobs and new hiring to Eastern Europe.
The recent French election also bodes well for French economic competitiveness, although it will be a rocky road. The election of pro-America, pro-free market President Nicolas Sarkozy suggests the French are finally bending to the realities of 21st Century global competition.
Such was not the case over the past quarter century as French leadership saw the French "entitled" to do things their way. Double-digit unemployment and limited job opportunities for millions of young people of recent years finally got the electorate's attention.