Combinations of two currencies in foreign exchange trading.
Overview
FX Currency Pairs
FX currency pairs represent combinations of two currencies traded in the foreign exchange market. They are classified into three types: dollar straight (pairs including US dollar), cross yen (combinations of non-USD currencies with Japanese yen), and cross currency (pairs excluding both USD and JPY). Major currency pairs include USD/JPY, EUR/USD, GBP/USD, each with distinct characteristics and trading features.
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| code | slug | name | description | baseCurrency | category | nickname | quoteCurrency |
|---|---|---|---|---|---|---|---|
| USD-JPY | us-dollar-japanese-yen | US Dollar/Japanese Yen | The most popular currency pair in Japan with the world's second-largest trading share. | USD | dollar-straight | Ninja | JPY |
| EUR-USD | euro-us-dollar | Euro/US Dollar | The most traded currency pair in the world with approximately 22.7% market share. | EUR | dollar-straight | USD | |
| GBP-USD | british-pound-us-dollar | British Pound/US Dollar | Known as 'Cable' with the world's third-largest trading share. | GBP | dollar-straight | Cable | USD |
| AUD-USD | australian-dollar-us-dollar | Australian Dollar/US Dollar | Known as a commodity currency with positive correlation to gold prices. | AUD | dollar-straight | USD | |
| USD-CAD | us-dollar-canadian-dollar | US Dollar/Canadian Dollar | Known as 'Loonie' with inverse correlation to crude oil prices. | USD | dollar-straight | Loonie | CAD |
| USD-CHF | us-dollar-swiss-franc | US Dollar/Swiss Franc | Bought during risk-off periods due to Swiss franc's safe-haven status. | USD | dollar-straight | CHF | |
| NZD-USD | new-zealand-dollar-us-dollar | New Zealand Dollar/US Dollar | Known as a high-interest currency used in carry trades. | NZD | dollar-straight | USD | |
| EUR-JPY | euro-japanese-yen | Euro/Japanese Yen | A popular cross-yen pair ranked 17th globally in trading share. | EUR | cross-yen | JPY | |
| GBP-JPY | british-pound-japanese-yen | British Pound/Japanese Yen | Known as the 'Beast' with high volatility. | GBP | cross-yen | Beast | JPY |
| AUD-JPY | australian-dollar-japanese-yen | Australian Dollar/Japanese Yen | Correlates with resource prices and tends to rise during risk-on periods. | AUD | cross-yen | JPY | |
| CAD-JPY | canadian-dollar-japanese-yen | Canadian Dollar/Japanese Yen | Tends to correlate with crude oil prices with commodity currency characteristics. | CAD | cross-yen | JPY | |
| CHF-JPY | swiss-franc-japanese-yen | Swiss Franc/Japanese Yen | A unique pair where both currencies are safe-havens. | CHF | cross-yen | JPY | |
| NZD-JPY | new-zealand-dollar-japanese-yen | New Zealand Dollar/Japanese Yen | Combination of high-interest and safe-haven currencies used in carry trades. | NZD | cross-yen | JPY | |
| EUR-GBP | euro-british-pound | Euro/British Pound | A cross-currency pair combining Europe's two major currencies without USD or JPY. | EUR | cross-currency | GBP | |
| EUR-AUD | euro-australian-dollar | Euro/Australian Dollar | A cross-currency pair combining European and commodity currencies. | EUR | cross-currency | AUD | |
| GBP-AUD | british-pound-australian-dollar | British Pound/Australian Dollar | A cross-currency pair with high volatility tendencies. | GBP | cross-currency | AUD | |
| AUD-NZD | australian-dollar-new-zealand-dollar | Australian Dollar/New Zealand Dollar | A cross-currency pair combining Oceania's two major currencies. | AUD | cross-currency | NZD | |
| TRY-JPY | turkish-lira-japanese-yen | Turkish Lira/Japanese Yen | An emerging market cross-yen pair known as a high-interest currency. | TRY | cross-yen-emerging | JPY | |
| MXN-JPY | mexican-peso-japanese-yen | Mexican Peso/Japanese Yen | A popular emerging market cross-yen pair as a high-interest currency. | MXN | cross-yen-emerging | JPY | |
| ZAR-JPY | south-african-rand-japanese-yen | South African Rand/Japanese Yen | An emerging market cross-yen pair known as a resource-rich, high-interest currency. | ZAR | cross-yen-emerging | JPY |
- BIS Triennial Central Bank Survey 2022 | Bank for International Settlements official
- Financial Futures Association of Japan Publications | Financial Services Agency official
- What is Cross Yen | Definition, Features, and Examples | OANDA article
- What is Dollar Straight | Differences from Cross Yen and Features | OANDA article
- Most Traded FX Currency Pairs! Features and How to Choose | GMO Click Securities article