We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
EUR/USD
Bullish
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • The Institute for Supply Management’s Non-Manufacturing Index rose to 57.1 for June, beating expectations of 50.1 and the best read since March.Get your market update from @FxWestwater here: https://t.co/m5lDzJJmT6 https://t.co/cnj3wTazVQ
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.37%, while traders in US 500 are at opposite extremes with 70.46%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/O9cMvCfTen
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Wall Street: 1.75% US 500: 1.47% FTSE 100: -0.09% France 40: -0.11% Germany 30: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/EjhcyXhuGL
  • US Treasury Yields: 2-Year: 0.159% 3-Year: 0.189% 5-Year: 0.313% 7-Year: 0.518% 10-Year: 0.694% 30-Year: 1.459% $TNX
  • The US Dollar is trading on its back foot largely due to another strong start to the week from global equities. Get your #equities market update from @RichDvorakFX here:https://t.co/7WYjU9j3jO https://t.co/wdzDsQ9TjP
  • New Jersey virus transmission rate rises to highest level in 10 weeks at 1.03 - BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.38%, while traders in US 500 are at opposite extremes with 71.53%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/oflomnctpM
  • Since the stock market bottomed back in March, the S&P 500 has gone on to climb over 40%. Get your S&P500 market update from @FxWestwater here:https://t.co/2rOYnX36Hr https://t.co/CzKM8Tt5jh
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Silver: 0.98% Oil - US Crude: 0.85% Gold: 0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/TpRte3d88n
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.53% 🇦🇺AUD: 0.49% 🇨🇭CHF: 0.42% 🇯🇵JPY: 0.03% 🇨🇦CAD: 0.02% 🇬🇧GBP: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hl4Ax11wtT
Currency Names and Symbols

Currency Names and Symbols

2012-02-24 03:24:00
Richard Krivo, Trading Instructor
Share:

As you may have noticed, the symbols (abbreviations) for all currencies have three letters. The first two letters denote the name of the country and third letter stands for the name of that country’s currency.

As an example, let’s look at the USD. The US stands for United States and the D stands Dollar.

The currencies on which the majority of traders focus are called the “majors”. The most widely traded currencies are represented on the grid below:

Currency Names and Symbols

Not to be confused with major currencies are the major currency pairs. The Major Pairs are any currency pair with USD in them. For example, the EURUSD would be considered a Major Pair.

Currency Names and Symbols

Currency pairs without the USD in them are referred to as Cross Pairs. The EURJPY would be an example of a Cross Pair.

Currency Names and Symbols

To carry this one step further, any EUR pair without the USD in it would be referred to as a Euro Cross. So the EURJPY would be a member of the EURO Cross group. Other member of that group would be EURGBP, EURCHF, EURNZD, EURCAD and EURAUD.

Other currency groups of this type would be comprised of the JPY crosses, GBP crosses, AUD crosses, NZD crosses and the CHF crosses.

Next: Understanding The Forex Majors (12 of 48)

Previous: Reading a Forex Quote

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.