#6: What is an exotic currency
Lesson 6
What is an exotic currency
An Exotic Currency are currency pairs from smaller economies.
They have lower liquidity and are more volatilite (compared to major currency pairs).
Here are a list of them:
Next…
Benefits of trading the Exotic Currency pairs
You might be thinking…
“Exotic Currency pairs aren’t the cool kids in town.”
“So why should I trade them?”
Because you’ll get profitable trading opportunities from time to time.
And these trends can last for months or even years.
Here are a few examples…
USD/ZAR had an uptrend that lasted 5 years:
USD/MXN had an uptrend that lasted 4 years:
USD/CNH had a 3-year uptrend:
