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Currency Profiles: A Guide to Currencies


Australia
Currency Australian Dollar
Common Name Aussie
Quotation Convention 4 decimal points
Most liquid cross AUD/USD
Spread 4 pips
1 pip .0001 USD

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Canada
Currency Canadian Dollar
Common Name Canadian
Quotation Convention 4 decimal points
Most liquid cross USD/CAD
Spread 5 pips
1 pip .0001 CAD

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European Union
Currency Euro
Common Name Euro
Quotation Convention 4 decimal points
Most liquid cross EUR/USD
Spread 3 pips
1 pip .0001 USD

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Great Britain (United Kingdom)
Currency Great British Pound
Common Name Sterling, Cable
Quotation Convention 4 decimal points
Most liquid cross GBP/USD
Spread 5 pips
1 pip .0001 USD

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Japan
Currency Japanese Yen
Common Name Yen
Quotation Convention 2 decimal points
Most liquid cross USD/JPY
Spread 4 pips
1 pip .01 JPY

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New Zealand
Currency New Zealand Dollar
Common Name Kiwi
Quotation Convention 4 decimal points
Most liquid cross NZD/USD
Spread 5 pips
1 pip .0001 USD

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United States
Currency U.S. Dollar
Common Name Dollar
Quotation Convention 2 decimal points
Most liquid cross USD/JPY, EUR/USD
Spread USD/JPY: 4 pips
EUR/USD: 3 pips
1 pip .01 JPY, .0001 USD

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Switzerland
Currency Switzerland Franc
Common Name Swiss
Quotation Convention 4 decimal points
Most liquid cross USD/CHF
Spread 5 pips
1 pip .0001 CHF

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Confused about forex terminology? Look it up in our Glossary of Forex Terms.