Major currency pairs: a major currency pair always contains the USD. Check out the list of major currency pairs below.
Currency pair: | Countries: | FX nickname: |
EUR/USD | Eurozone / United States | “euro dollar” |
USD/JPY | United States / Japan | “dollar yen” |
GBP/USD | United Kingdom / United States | “pound dollar” |
USD/CHF | United States/ Switzerland | “dollar swissy” |
USD/CAD | United States / Canada | “dollar loonie” |
AUD/USD | Australia / United States | “aussie dollar” |
NZD/USD | New Zealand / United States | “kiwi dollar” |
Minor currency pairs: a minor currency pair includes one of the major currencies aside from the USD and another currency. Example: EUR/GBP, GBP/JPY etc.
Exotic currency pairs: an exotic currency pair includes one of the major currencies and an exotic currency.
An exotic currency belongs to a country with a developing or emerging market (EM).
Example of EM countries: Brazil, Mexico, Nigeria, Pakistan etc.
Example of exotic currency pairs: USD/BRL, USD/MXN etc.
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