Crosses or Cross Pairs

"crosses" are basically pairs that do not include the USD. For example, the GBP/JPY and EUR/JPY are both popular crosses. It is called a cross because your are taking two pairs, for example the GBP/USD and the USD/JPY and crossing them to become the GBP/JPY.

Usually crosses carry a higher spread or commission from brokers because you are in essence paying for the spread twice.

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  1. Akinnuoye O Williams
    November 1, 2010 at 16:14Reply

    This is is a mind blow to me

    Thanks for the info

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