June 24, 2017

What currencies are involved in forex trading?

In forex market, those currencies flow in the main trading stream whose local governments, banking system and inflation rate show stability and ensure reliability. Therefore the most often traded currencies include US Dollar (USD), Euro, (EUR) Australian Dollar (AUD), Canadian Dollar (CAD), Japanese Yen (JPY), British Pound (GBP) and Swiss Franc (CHF). These top currencies make 85% of total forex trading turnover.