Forex currency symbols consist of three letters. For example, USD stands for the US dollar, EUR for the Euro, and JPY for the Japanese Yen. Some currencies are also known under nicknames:
- American dollar (USD) = Greenback
- British pound (GBP) = Cable or Sterling
- Swiss franc (CHF) = Swissy
- Canadian dollar (CAD) = Loonie
- Australian dollar (AUD) = Aussie
- New Zealand dollar (NZD) = Kiwi
The most popular currency pairs include the so-called majors (EUR/USD, USD/JPY, GBP/USD, USD/CHF) and commodity pairs (USD/CAD, AUD/USD, NZD/USD). Any other combination of these currencies (for example EUR/GBP or AUD/JPY) is called a currency cross. Many forex brokers also offer exotic currencies, such as HKD, TRY, and ZAR.
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