Let Me Tell You How Currency Is Traded!

All Forex Currency Are Traded In pairs like this Eur/usd
it means that Euro is selling and USD Is buying and the Euro Is the Base Currency in this example and USD Is the counter currency in this example thats how currency is traded
The USD Is the Central Currency against other currency. Thats why All Pairs Which Included USD are the Major Currencies and the Currencies which are not included USD those are called the cross currencies.


The Most Traded Pairs are 
1-Euro/Usd
2-British Pound/USD
3-USD/Japanese Yen
4-USD/Canadian Dollar
5-Australian Dollar/USD
6-USD/Swiss France
7-Newzealand Dollar/USD 


The USD=United States Dollar In this Example


Now Most Of the Peoples are Likely to Invest In Forex but First Of All I Will Briefly Describe you the Forex quotes in the next blog So that you will determine that how currency is working will gain or Loss. 
You Notice All traded pairs are incuded USD Because It is Central Currency Which Is excepted All Over The World