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As a beginner, you’ll probably want to start with the best currency pairs to trade, which are the majors like EUR/USD, USD/JPY, and GBP/USD. Why? Because they’re more liquid (which means they’re easier to trade) and less volatile than minors or exotics. Liquidity and lower volatility make it easier to manage risk and understand market movements. Plus, it helps to trade currencies that you’re somewhat familiar with—keeping an eye on the news for these currencies is much easier than tracking some obscure exotic pair.
Published date:
October 11, 2024
Region:
Delhi
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