What are Minor Currency Pairs?

Minor currency pairs (also called “cross-currency” pairs) are a type of currency pair that do not include the U.S. dollar. They usually involve currencies such as the Euro, British pound, Japanese yen, Swiss franc, Australian dollar, Canadian dollar, or New Zealand dollar.

As per general industry understanding, some common minor pairs in forex are:

• EUR/GBP: Euro / British Pound
• EUR/JPY: Euro / Japanese Yen
• GBP/JPY: British Pound / Japanese Yen
• AUD/JPY: Australian Dollar / Japanese Yen
• GBP/CHF: British Pound / Swiss Franc

Note that minor pairs may have lower liquidity than the major pairs. Also, their spreads can be wider, depending on the pair and market conditions. 

Looking for 500X Trading Leverage?

Register on Trade246 and access leverage of up to 500X margin. Trade with advanced TradingView charts, 100+ technical indicators, and professional drawing tools. Start from a minimum deposit of only ₹1,000. Open your free account today!