What Are Crosses?

Crosses is the label given to currency pairs that do not involve the USD (Us Dollar). Some of the most actively traded Crosses include the Euro Japanese Yen (EURJPY), New Zealand Dollar Japanese Yen (NZDJPY), British Pound Japanese Yen (GBPJPY), Euro British Pound (EURGBP), Euro Swiss Franc (EURCHF) and the Australian Dollar Japanese Yen (AUDJPY) pair. Just like all currency pair groups, Crosses share similar characteristics that define them and differentiate them from other groups. These characteristics make them riskier to trade than the Majors: they are less liquid, more volatile, more susceptible to manipulation and have a higher sensitivity to sudden shifts in political and financial developments.

Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.

Risk Warning: There is a high level of risk involved with trading leveraged products such as forex and CFDs. You should not risk more than you can afford to lose, it is possible that you may lose more than your initial investment. You should not trade unless you fully understand the true extent of your exposure to the risk of loss. When trading, you must always take into consideration your level of experience. If the risks involved seem unclear to you, please seek independent financial advice.