Important currency pair to trade

Important currency pair to trade

The world's biggest financial market is the foreign exchange market, or Forex . It is the location of currency trading across currencies. When you trade foreign exchange, you are making a wager on the increase or decrease in the value of one currency over another. This tutorial examines some of the top currency pairs to trade as well as important variables to take into account when determining trading tactics for each pair. Only seven currency pairs are allowed to be traded in India: USD/INR, EUR/INR, JPY/INR, GBP/INR, EUR/USD, GBP/USD, and USD/JPY. Three stock exchanges—the NSE, BSE, and metropolitan stock exchange of India that are jointly governed by SEBI and RBI support these transactions.