Introduction to Currency Pairs

let’s go over the most commonly traded currency pairs.
There are three groups: the majors, the crosses and the exotics:
Major Currency Pairs
The “majors” are those currencies that are the major countries that are paired vs. the U.S. dollar (plus their nick names in parenthesis):
EUR/USD – Euro vs. the U.S. dollar (the Anti-dollar)
GBP/USD – British pound vs. the U.S. dollar (Sterling, Cable)
USD/JPY – U.S. dollar vs. the Japanese yen (the Yen)
USD/CHF – U.S. dollar vs. the Swiss franc (Swissie)
USD/CAD – U.S. dollar vs. the Canadian dollar (Loonie)
AUD/USD – Australian dollar vs. the U.S. dollar (Aussie)
NZD/USD – New Zealand dollar vs. the U.S. dollar (Kiwi or Kiwi dollar)