Forex crosses definition. Currency pairs that do not contain the US Dollar are known as cross-currency pairs or simply “crosses”. Historically, if we wanted to convert a currency, we would have had to first convert the currency into US dollars and then into the currency which we desired. With the introduction of currency crosses we no longer have to.

Forex crosses definition

4 Forex terminology — learn the most basics terms

Forex crosses definition. In Foreign exchange market, synthetic currency pair or synthetic cross currency pair is an artificial currency pair which generally is not available in market but one needs to trade across those pairs. One highly traded currency, usually United States dollar, which trades with the target currencies, is taken as intermediary.

Forex crosses definition

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