Cross pair trading refers to a currency pair that does not include the currency of the country where the trader is located. For example, if you use U.S. dollars as the basic unit, everything that is directly linked to the U.S. dollar is a direct deal. For example: EUR/USD AUD/USD GBP/USD NZD/USD USD/CHF USD/JPY USD/CAD These all have U.S. dollars, this is the direct trading; in currency pairs, for example, EUR/GBP AUD/JPY AUD/CAD, etc. , There is no direct participation of the dollar in these, so it is a cross pair.
