What Are Major and Exotic Currency Pairs?
Learn what major and exotic currency pairs are, their differences, and how they affect forex trading strategies with real examples.
About the analyst
Vinit Makol
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
More by Vinit Makol
What Is the Dollar Index and Why Do Traders Watch It?
Learn what the dollar index is, how it works, and why traders watch it to track dollar strength and market trends.
7 Trading Tips That Will Make You a Better Trader
Discover 7 practical trading tips to improve skills, manage risk, and develop discipline for consistent trading success.
What Is the Best Time to Trade Forex?
Discover the best time to trade forex for high volume and low spreads. Learn which market session overlaps offer maximum liquidity.
What are the Benefits of Trading Two or Three Currency Pairs?
Discover the benefits of trading two or three currency pairs for better focus, lower risk, and consistent forex profits.
Why Is Demo Trading Easier Than Real Trading?
Discover why demo trading feels easier than real trading. Learn key differences, psychology shifts, and how to transition smoothly.
Currency Pair Nicknames Explained for Forex Traders
Discover the meaning and history of currency pair nicknames in forex, from Cable to Kiwi, and why traders still use them.
How Inflation in One Country Affects Global Currencies
Discover how inflation in one country affects currencies worldwide through trade, capital flows, and central bank actions in global markets.
What Is The Difference Between a Strong and Weak Currency?
Learn the difference between a strong and weak currency, their impact on trade, inflation, and purchasing power in global markets.
What Is Profit Booking and Why Traders Do It?
Learn what profit booking is, why traders do it, and how strategies like partial profit booking help in locking in trading gains effectively.
What Is the Difference Between White Gold and Silver?
Discover the difference between white gold and silver, their durability, maintenance needs, and value to choose the perfect jewelry.
Why RBI Held Rates Despite Tariff Pressures
RBI holds rates at 5.50% despite tariff pressures, balancing growth, inflation outlook, and U.S. trade risks for India’s economy.
What Is the Risk of Ruin in Forex and How to Calculate It?
Learn what the risk of ruin is in forex, how to calculate it, and proven strategies to reduce the probability of account loss in trading.
What Is a Cross Currency Pair and How It Differs from Majors?
Learn what a cross currency pair is, the difference between cross and major currency pairs, and how to trade them effectively.
What Is the Difference Between Bid Price and Offer Price in Forex?
Learn the difference between bid price and offer price in forex, how spreads work, and why they matter for trading costs.
What Is Loss Aversion in Forex and Why It Hurts Performance?
Learn what loss aversion in forex is, why it damages trading performance, and proven strategies for overcoming this costly trading bias.
What Is Position Bias in Trading and How to Avoid It?
Discover what position bias in trading is, how it hurts performance, and proven strategies for avoiding trading bias effectively.
Bank of England Interest Rate Cut: What It Means Now?
Bank of England interest rate cut lowers rates to 4% amid inflation risks. What it means for the UK economy, pound, and future policy.
What Is a Hawkish Tilt in Fed Policy and Why Does It Matter?
What is a hawkish tilt in Fed policy? Learn how subtle shifts in tone shape markets, interest rate signals, and investor reactions.
What the Gen AI Boom Means for Investor Sentiment
What does Gen AI Boost mean for investor sentiment? Explore how AI optimism is shaping markets, stock prices, and financial trends in 2025.