Forex third eye - What are the Best Currency Pairs to Trade?

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Being more liquid makes them easier to buy and sell usually meaning that the spreads will be lower. The spread is basically the broker's commission.

It is the difference between the bid price and forex third eye ask price. The spread on the majors are usually very low, sometimes only 1 pip. The exotics, on the other hand, can have very high spreads that are usually well over 10 pips.

South Africa’s Top 10 imports and exports

That means well over 10 pips that you need to overcome before your trade is in profit. Due to forex third eye low liquidity, exotic pairs can be much more volatile than the major and minor pairs. This volatility means the pairs can jump up and down very quickly.

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This volatility leads the broker to protect themselves with higher spreads and these higher spreads along with the volatility cause slippage.

Description:USD Soars, ZAR Plunges as South Africa Enters Recession - US Market Open #GBP leads the major FX currencies in total returns vs. #USD at %, vs.

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