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FX Pairing Trading by Steve Ruffley of InterTrader http://www.financial-spread-betting.com/intertrader/intertrader.html Trading Strategies: Forex Trading Correlations One of, it not the most commonly traded market in the world with around $4 Trillion traded everyday. PLEASE LIKE AND SHARE so we can bring you more! There are two types of currencies 1) Floating 2) Pegged. The most common pairings are
GBP/USD, EUR/GBP
USD/JPY, USD/CHF
EUR/USD/, USD/CAD
Some currency pairs will move in the same direction and with same sentiment as others. Like in any other market they will also move in different directions and with a different sentiment to others.