what is forex currency cross pair..

Assalamu Alaikum umeed hai k ap sb thek hn gyen or forex market ko achy enojy kr rhay hn gyen aj main ap ko forex currency cross pair k bary main btaon ge main apna experience aur knowledge share krn ge...

Forex Currency Cross Pair:

Ek currency pair jo hota hai us maon ap ko 1 currency k dosri currency k mukably main price btata hai aj sy kafi arsa phely jb ek currency ko usd k elawa kesy dosri currency main exchange krna hota hai to phely us currency ko usd main convert kiya jeta tha or us k bd un dollars sy apni required currency ko tabdeel kiya jeta hai maslan agr 1 aadmi ko pound ko japanese ye main tabdeel krna hota hai to phely pound ko dollar main tabdeel kiya jeta hai or phr un dollars ko japany sy ye main tabdeel kiya jeta hai forex currency crosses ko ijaad k bd ab kesy currency ko usd main convert krny k zarurat ni parhti balky ab ap directly usd ko involve kiye baghair 1 currency ko dosri currency main tabdeel kr skty hain forex crosses k misaalin GBP/JPY, EUR/GBP, EUR/JPY, EURCHF..


Calculation:

wesy to ap ko calculation kafny k zarurat nibhoti hai or ap ko meta trader 4 or meta trader 5 main automatically forex crosses k price calculate ho k milty hsi lekn agr khud sy calculate krna chahiye to main ap ko btati deti hn agr ap EURJPY k price nikaaln chahty hain to ap 2busd pairs EURJPY or USDJPY k price ko ap sy main zarab deny to ap ko EURJPY k price mil jye gya..

EURUSD=1.1800
USDJPY=110.21
EURJPY=1.1800×110.21
EURJPY=130.04
Esy tahr ap forex crosses k value ko calculate kr skty hain forex crosses main trading ap k liye achi sabit ho skty hain lekn crosses k apny fundamentals bhi hoty hain ap un k analysis kr k major pairs k tahr trading kr skty hain..

Re: What is forex currency cross pair..

Assalam o alikum


What is a Cross Currency?
A cross currency refers to a currency pair or transaction that does not involve the U.S. dollar. A cross currency transaction, for example, doesn't use the U.S. dollar as a contract settlement currency. A cross currency pair is one that consists of a pair of currencies traded in forex that does not include the U.S. dollar. Common cross currency pairs involve the euro and the Japanese yen.

Understanding Cross Currency
At the end of the Second World War, most currencies were pegged and quoted against the U.S. dollar. This was because the U.S. economy in general was the strongest post-war and its currency was fixed to gold. This set precedents when converting two currencies that weren't U.S. dollars.
Advantages of Cross Currency Pairs and Transactions
Since the end of the gold standard and the increase of global trading at a wholesale level,*cross currency transactions are part of every day financial life. Not only do cross currency transactions make it easier for international payments, but they have also made them markedly cheaper. Because an individual does not have to swap the currency into U.S. dollars first, there is only one transaction, meaning only one spread is crossed. Furthermore, because non-USD pairs are now more commonly traded, the spreads have tightened making it even cheaper to move from one currency to another.*

Cross Currency Pairs in Forex Trading
Cross currency pairs can be excellent tools for forex traders. Some cross currency trades can be set up to position traders on particular world events, such as using the EUR/GBP to bet on the ongoing Brexit saga. The same trade would be more complex and capital intensive setting up separate positions with the USD/GBP and USD/EUR, but this method is still used to create exotic cross currency pairs that are not widely traded. Common cross currency rates involve the Japanese yen. Many traders take advantage of the carry trade where they own a high yielding currency like the Australian dollar*or the New Zealand dollar and short the Japanese yen - the low yielding currency.