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Home >> Stock Forums >> Cross Rates

Cross Rates

AlfredSokol said: "From "Forex Revolution": [quote] A cross rate is a currency pair that doesn't involve the USD or the EUR, such as GBP/JPY. Pairs that involve the the EUR, such as EUR/JPY or GBP/EUR, are called Euro crosses. There are literally hundreds of cross rates. Basically any nation, no matter how obscure, can trade against every other nation's currency. Obscure cross trades are often called "exotic", and traders run the risk of liquidity[/quote] Now you understand what a cross rate really is."