Exotic Currency Pair!

Discussion in 'General Trading Discussion' started by TraderAnalyst, Jan 5, 2020.

  1. TraderAnalyst

    TraderAnalyst Senior Investor

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    Exotic currency pairs are currency pair that are not traded as much, they are from the emerging market like USD/SGD (Singapore dollar) . 'Exotic' in foreign exchange term used for currency that is not in use that much meaning it is not liquid and has wide spread!
     
  2. Duong

    Duong Well-Known Member

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    Some exotic pairs are profitable. They are not too volatile, but have a predictable movement. This is good only for long term trades. Others are less volatile and less predictable but can move drastically and put you in trouble.
     

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