Trader's Glossary

Cross Currency Pair

Any currency pair which includes two major currencies, yet without containing the U.S. dollar. Cross Currency Pairs are also known as Crosses, or Minors.
Did you know?

Between the years 1860 and 1913, the number of foreign banks operating in London increased from 3 to 71.

Word of the day
"Basket Currency" - A currency used as a reference point for a currency peg.
Pro Tip

There is no get-rich-quick formula. If someone promises you one, take a step back, and then run as far away from them as possible.