Let Me Introduce You to the Seven Major Currencies…and the Dollar
The most important part of investing is to clearly understand what you’re investing in. In the currency world, most currency traders will talk about the “seven” majors. The seven majors are the currencies that are traded most often on major brokerage desks around the world. The seven majors are generally paired with the dollar, so technically, the U.S. dollar would count as the eighth “major.” Here’s a quick 30 second introduction to each of the major currencies… U.S. Dollar (USD): The major
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