Trade Global Markets - CROSS PAIRS · 2013. 8. 30. · CROSS PAIRS f fDD t Source Bank for International Settlements April 2010 The AUD/JPY is the pairing of the Australian dollar

CROSS PAIRSCURRENCY GUIDE

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*Source: Bank for International Settlements – April 2010

The AUD/CAD is the pairing of the Australian dollar and the Canadian dollar. The AUD and CAD are considered two of the top three commodity currencies, with AUD correlating with gold and CAD correlating with oil. These correlations create an interesting dynamic when trading AUD/CAD, as traders can use gold and oil as a safeguard or as an indicator of future price action in the pair.

AUD/CAD Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

AUDADDITIONAL INFO

CoUNtRY:Australia

CENtRAl bANk:Reserve Bank of Australia

NICkNAmE:Aussie

% of AvERAGE DAIlY tURNovER:*7.6%

CADADDITIONAL INFO

CoUNtRY:Canada

CENtRAl bANk:Bank of Canada

NICkNAmE:Loonie, Toonie


CoUNtRIES: Australia/Canada

2012 HIGHS & loWS: 1.0781/0.9920

DAIlY AvERAGE movEmENt IN PIPS:84.3

PAIRS tHAt CoRRElAtE:AUD/USD, AUD/CHF, USD/CAD

PAIR tYPE:Cross

AUD/CAD

oNE-YEAR CHARt:

JAN 10 FEB 29 APR 22 JUN 12 JUL 31 SEP 190.992

NOV 10

1.004

1.106

1.028

1.040

1.052

1.064

1.076



The AUD/JPY is the pairing of the Australian dollar and the Japanese yen. The high interest rate in AUD in comparison to that of JPY makes AUD/JPY a popular pair to “carry trade.” A carry trade involves buying a currency with a high interest rate in hopes of earning profit off the daily swap payments (although losses are certainly possible). To perform a carry trade in AUD/JPY, a trader would simply open a buy position.

AUD/JPY Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

AUDADDITIONAL INFO

CoUNtRY:Australia


NICkNAmE:Aussie


JPYADDITIONAL INFO

CoUNtRY:Japan

CENtRAl bANk:Bank of Japan

NICkNAmE:None

% of AvERAGE DAIlY tURNovER:*19%

CoUNtRIES: Australia/Japan

2012 HIGHS & loWS: 89.98/74.44


PAIRS tHAt CoRRElAtE:NZD/JPY, CAD/JPY, CHF/JPY

PAIR tYPE:Cross

AUD/JPY

oNE-YEAR CHARt:

JAN 9 FEB 28 APR 21 JUN 11 JUL 30 SEP 18

75.00

NOV 7

77.00

79.00

81.00

83.00

85.00

87.00

89.00



The AUD/NZD is the pairing of the Australian dollar and the New Zealand dollar. The Australian and New Zealand economies depend heavily on exporting raw materials, making these currencies’ strength dependent on commodity prices.

AUD/NZD Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

AUDADDITIONAL INFO

CoUNtRY:Australia


NICkNAmE:Aussie


NZDADDITIONAL INFO

CoUNtRY:New Zealand

CENtRAl bANk:Reserve Bank of New Zealand

NICkNAmE:Kiwi


CoUNtRIES: Australia/New Zealand

2012 HIGHS & loWS: 1.3164/1.2367


PAIRS tHAt CoRRElAtE:GBP/CHF, GBP/NZD, AUD/CHF

PAIR tYPE:Cross

AUD/NZD

oNE-YEAR CHARt:


1.240

NOV 7

1.252

1.264

1.276

1.288

1.300

1.312



The CAD/JPY is the pairing of the Canadian dollar and the Japanese yen. Since Japan is the third largest net importer of oil and Canada is the sixth largest oil producing country, oil prices have a considerable influence on the pair.

CAD/JPY Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

CADADDITIONAL INFO

CoUNtRY:Canada




JPYADDITIONAL INFO

CoUNtRY:Japan


NICkNAmE:None


CoUNtRIES: Canada/Japan

2012 HIGHS & loWS: 87.05/74.38


PAIRS tHAt CoRRElAtE:NZD/JPY, GBP/JPY, EUR/JPY

PAIR tYPE:Cross

CAD/JPY

oNE-YEAR CHARt:


NOV 7

76.50

78.50

80.50

82.50

84.50

86.50



The CHf/JPY is the pairing of the Swiss franc and the Japanese yen. The Swiss franc is a safe-haven currency that gains in value during times of social and geopolitical crises, while the yen is manipulated by the export-reliant Japanese government. Japan’s dependency on exports drives the government to weaken its currency. Look for drastic moves in this pair during times of crises.

CHF/JPY Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

CHfADDITIONAL INFO

CoUNtRY:Switzerland

CENtRAl bANk:Swiss National Bank

NICkNAmE:Swiss


CoUNtRIES: Switzerland/Japan

2012 HIGHS & loWS: 94.89/78.35


PAIRS tHAt CoRRElAtE:EUR/JPY, NZD/JPY, GBP/JPY

PAIR tYPE:Cross

CHf/JPY

oNE-YEAR CHARt:


79.00

NOV 7

81.50

84.00

86.50

89.00

91.50

94.00

JPYADDITIONAL INFO

CoUNtRY:Japan


NICkNAmE:None




The EUR/AUD is the pairing of the euro and the Australian dollar. The euro is the second most traded currency, after the United States dollar, and the Australian dollar is the fifth most traded currency. As a cross currency, EUR/AUD is fairly liquid and experiences its greatest activity during the euro and U.S. session and when Australian data is released during the Asian session.

EUR/AUD Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone

CENtRAl bANk:European Central Bank

NICkNAmE:Fiber


AUDADDITIONAL INFO

CoUNtRY:Australia


NICkNAmE:Aussie


CoUNtRIES: Eurozone/Australia

2012 HIGHS & loWS: 1.3014/1.1602


PAIRS tHAt CoRRElAtE:EUR/JPY, EUR/USD, EUR/CHF

PAIR tYPE:Cross

EUR/AUD

oNE-YEAR CHARt:

JAN 9 FEB 28 APR 21 JUN 11 JUL 30 SEP 18 NOV 7

1.165

1.190

1.215

1.240

1.265

1.290



The EUR/CAD is the pairing of the euro and the Canadian dollar. Canada’s economy is heavily dependent on exporting raw materials. As a result, the CAD’s strength correlates with the price of oil. This cross-currency pair experiences its greatest activity during the euro and U.S. session and is subject to movement based on European and Canadian news announcements.

EUR/CAD Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone


NICkNAmE:Fiber


CADADDITIONAL INFO

CoUNtRY:Canada




CoUNtRIES: Eurozone/Canada

2012 HIGHS & loWS: 1.3478/1.2125


PAIRS tHAt CoRRElAtE:EUR/GBP, EUR/JPY, CHF/JPY

PAIR tYPE:Cross

EUR/CAD

oNE-YEAR CHARt:


1.220

NOV 7

1.240

1.260

1.280

1.300

1.320

1.340



The EUR/CHf is the pairing of the euro and the Swiss franc. As a safe-haven currency, the franc is subject to movement during times of social and geopolitical unrest. Otherwise, the pair is usually most active during the euro and U.S. session.

EUR/CHF Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone


NICkNAmE:Fiber


CHfADDITIONAL INFO

CoUNtRY:Switzerland


NICkNAmE:Swiss


CoUNtRIES: Eurozone/Switzerland

2012 HIGHS & loWS: 1.2201/1.1996

DAIlY AvERAGE movEmENt IN PIPS:94

PAIRS tHAt CoRRElAtE:EUR/JPY, CAD/JPY, EUR/GBP

PAIR tYPE:Cross

EUR/CHf

oNE-YEAR CHARt:

JAN 11 MAR 3 APR 22 JUN 12 JUL 31 SEP 19

1.200

NOV 10

1.203

1.206

1.209

1.212

1.215

1.21



The EUR/GbP is the pairing of the euro and the British pound. Nicknamed the “chunnel,” EUR/GBP is a very popular cross instrument that experiences aggressive moves during the euro and U.S. session.

EUR/GBP Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone


NICkNAmE:Fiber


GbPADDITIONAL INFO

CoUNtRY:United Kingdom

CENtRAl bANk:Bank of England

NICkNAmE:Sterling, Cable


CoUNtRIES: Eurozone/United Kingdom

2012 HIGHS & loWS: 0.8505/0.7756


PAIRS tHAt CoRRElAtE:EUR/CAD, EUR/JPY, CHF/JPY

PAIR tYPE:Cross

EUR/GbP

oNE-YEAR CHARt:


NOV 7

0.788

0.800

0.812

0.824

0.836

0.848



The EUR/JPY is the pairing of the euro and the Japanese yen. EUR/JPY is an extremely volatile pair that can move as much as 250 pips in one trading day. The euro is the second most traded currency, and the yen is the third, after the United States dollar. Nicknamed the “yuppy” or “euppy,” EUR/JPY is most active during the euro and U.S. session.

EUR/JPY Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone


NICkNAmE:Fiber


CoUNtRIES: Eurozone/Japan

2012 HIGHS & loWS: 114.694/94.075


PAIRS tHAt CoRRElAtE:CHF/JPY, CAD/JPY, GBP/JPY

PAIR tYPE:Cross

EUR/JPY

oNE-YEAR CHARt:


96.00

NOV 7

99.50

103.0

106.5

110.0

113.5

JPYADDITIONAL INFO

CoUNtRY:Japan


NICkNAmE:None




The EUR/tRY is the pairing of the euro and the Turkish lira. This exotic cross is affected by news releases coming out of the eurozone and economic conditions in Turkey. As an emerging market, Turkey is expected to experience rapid growth and modern industrialization. This growth may prove to have an effect on the TRY.

EUR/TRY Daily Chart from February 14, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

EURADDITIONAL INFO

CoUNtRY:Eurozone


NICkNAmE:Fiber


tRYADDITIONAL INFO

CoUNtRY:Turkey

CENtRAl bANk:Central Bank of the Republic of Turkey

NICkNAmE:None


CoUNtRIES: Eurozone/Turkey

2012 HIGHS & loWS: 2.4607/2.1808


PAIRS tHAt CoRRElAtE:N/A

PAIR tYPE:Cross

EUR/tRY

DAIlY CHARt:

FEB 14 APR 2 MAY 20 JUL 3 AUG 15 SEP 302.180

NOV 13

2.220

2.260

2.300

2.340

2.380

2.420



The GbP/AUD is the pairing of the British pound and the Australian dollar. The pair is most active during the euro and U.S. sessions and when Australian data is released. Some notable news releases affecting the pair include the Australian RBA rate decision and gross domestic product, and the UK trade balance and consumer price index.

GBP/AUD Daily Chart from May 13, 2013 to July 11, 2013 on the FXDD Swordfish Platform.

GbPADDITIONAL INFO





AUDADDITIONAL INFO

CoUNtRY:Australia


NICkNAmE:Aussie


CoUNtRIES: United Kingdom/Australia

2012 HIGHS & loWS: Did not offer

DAIlY AvERAGE movEmENt IN PIPS:145

PAIRS tHAt CoRRElAtE:GBP/NZD, GBP/CAD, GBP/USD

PAIR tYPE:Cross

GbP/AUD

DAIlY CHARt:

MAY 13 MAY 25 JUN 8 JUN 22 JUL 61.530

1.560

1.590

1.620

1.650

1.690



The GbP/CAD is the pairing of the British pound and the Canadian dollar. This pair is most active during the euro and U.S. sessions. Some notable news releases affecting the pair include the Bank of Canada rate decision and Ivey purchasing managers index, and the UK trade balance and consumer price index.

GBP/CAD Daily Chart from May 13, 2013 to July 11, 2013 on the FXDD Swordfish Platform.

GbPADDITIONAL INFO





CADADDITIONAL INFO

CoUNtRY:Canada




CoUNtRIES: United Kingdom/Canada



PAIRS tHAt CoRRElAtE:GBP/USD, GBP/NZD, GBP/AUD

PAIR tYPE:Cross

GbP/CAD

DAIlY CHARt:

1.545

1.560

1.575

1.590

1.605

1.620

MAY 13 MAY 25 JUN 8 JUN 22 JUL 6



The GbP/CHf is the pairing of the British pound and the Swiss franc. As a safe-haven currency, the franc is subject to movement during times of social and geopolitical unrest. Some notable news releases affecting the pair include the Swiss National Bank monetary policy assessment and consumer price index, and the UK trade balance and retail sales.

GBP/CHF Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

CHfADDITIONAL INFO

CoUNtRY:Switzerland


NICkNAmE:Swiss


CoUNtRIES: United Kingdom/Switzerland

2012 HIGHS & loWS: 1.5484/1.4177


PAIRS tHAt CoRRElAtE:GBP/NZD, AUD/NZD, GBP/USD

PAIR tYPE:Cross

GbP/CHf

oNE-YEAR CHARt:


NOV 7

1.440

1.460

1.480

1.500

1.520

1.540

GbPADDITIONAL INFO







The GbP/JPY is the pairing of the British pound and the Japanese yen. Also known as the “gopher” or “geppy,” the GBP/JPY is extremely volatile and can move up to 350 pips in a single trading day.

GBP/JPY Daily Chart from January 1, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

CoUNtRIES: United Kingdom/Japan

2012 HIGHS & loWS: 141.01/117.3


PAIRS tHAt CoRRElAtE:CAD/JPY, CHF/JPY, EUR/JPY

PAIR tYPE:Cross

GbP/JPY

oNE-YEAR CHARt:


118.5

NOV 7

121.5

124.5

127.5

130.5

133.5

136.5

139.5

GbPADDITIONAL INFO





JPYADDITIONAL INFO

CoUNtRY:Japan


NICkNAmE:None




The NZD/JPY is the pairing of the New Zealand dollar and the Japanese yen. The difference in interest rates between NZD and JPY makes NZD/JPY a popular pair to “carry trade.” A carry trade involves buying a currency with a high interest rate in hopes of earning profit off the daily swap payments (although losses are certainly possible).

NZD/JPY Daily Chart from February 14, 2012 to December 31, 2012 on the FXDD Swordfish Platform.

NZDADDITIONAL INFO

CoUNtRY:New Zealand

CENtRAl bANk:Reserve Bank of New Zealand

NICkNAmE:Kiwi


CoUNtRIES: New Zealand/Japan



PAIRS tHAt CoRRElAtE:CAD/JPY, AUD/JPY, CHF/JPY

PAIR tYPE:Cross

NZD/JPY

DAIlY CHARt:

FEB 14 APR 3 MAY 20 JUL 3 AUG 15 SEP 30

58.50

NOV 13

60.50

62.50

64.50

66.50

68.50

70.50

JPYADDITIONAL INFO

CoUNtRY:Japan


NICkNAmE:None


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Trade Global Markets - CROSS PAIRS · 2013. 8. 30. · CROSS PAIRS f fDD t Source Bank for International Settlements April 2010 The AUD/JPY is the pairing of the Australian dollar