Forex Cross Currency


You may wonder, what if you want to buy a currency without paying the U.S. dollar, but I have to pay - for sale - another currency? What if I want to buy euro and sell the pound sterling interview? Is this possible?
Answer: Yes, we have said is possible that you can buy and sell any currency against any other currency.
You can buy the euro and the pound sterling interview sell EUR / GBP. You can buy and pay an interview Franc Japanese Yen CHF / JPY.
So you can buy any currency against another currency without any need for the U.S. dollar.
Called the currency to be bought or sold for other currencies than the U.S. dollar currencies, hybrid or cross CROSES.
The most famous hybrid currencies that are traded in the currency market are:
The euro against the pound sterling EUR / GBP.
The euro against the Japanese Yen EUR / JPY.
The euro against the Swiss Franc EUR / CHF.
The pound sterling against the Japanese Yen GBP / JPY.
The pound sterling against the Swiss franc GBP / CHF.
But as we mentioned earlier, the vast majority of traders are focusing on buying and selling major currencies, mainly the four, and there are those who prefer dealing in currency trading to some hybrid.
 
We recommend at the beginning of your business in trading currencies in the work by focusing on major currencies only
You can then reach an advanced stage of knowledge and experience to move to the work of hybrids currencies
In fact, the four major currencies with the currencies hybrid that we have mentioned just now accounts for more than 95% of trading in International Currency Exchange.