Forex Currency Pairs Explained: Major, Minor, and Exotic Pairs Guide [2025]

Forex Currency Pairs Explained: Major, Minor, and Exotic Pairs Guide [2025]

Confused by forex symbols like EUR/USD or GBP/JPY? Discover how currency pairs work and which ones to trade. Learn the differences between major pairs (highest liquidity, lowest costs), minor pairs (unique opportunities), and exotic pairs (higher risk/reward). Master the building blocks of forex trading to make more informed decisions and improve your results.

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Understanding Bid-Ask Spread: The Hidden Cost Every Trader Pays

Understanding Bid-Ask Spread: The Hidden Cost Every Trader Pays

The bid-ask spread is the hidden cost every trader pays, representing the difference between the highest price buyers will pay and the lowest price sellers will accept. Understanding this spread is crucial for profitable trading, as it varies dramatically across markets and directly impacts your bottom line.

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