<ul data-eligibleForWebStory="false"><li>Currency pairs in Forex trading involve two currencies being traded against each other where one is bought and the other is sold.</li><li>Currency pairs are categorized into Major Pairs, Minor Pairs (Crosses), and Exotic Pairs based on liquidity, spread, and volatility.</li><li>Major Pairs, comprising the most traded pairs, are beginner-friendly and include currencies from the top economies paired with the U.S. Dollar.</li><li>While Minor Pairs exclude the U.S. Dollar, Exotic Pairs combine major currencies with those from emerging economies, offering higher volatility and potential profits but greater risk.</li></ul>

What are Currency Pairs in Forex? – Why Do They Matter?

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