-
Should You Trade Uncommon Currency Crosses?
Many people trade cross currencies that do not involve the U.S. Dollar at all. Some of those crosses include things like Euro and Yen crosses, but there are also more obscure options available for those who choose to trade them. Obscure crosses can almost be thought of as if they aren’t part of the “in” crowd. Some examples of obscure crosses include CAD/CHF, AUD/NZD, and AUD/CAD. Trading in these types of crosses is certainly riskier than trying to trade in some others. It is important to understand what you are getting into before trading in any currency type, and that certainly includes these cross-currency ... (full story)