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Forex Glossary of Trading Terms and Definitions

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Minor Currency Pair

Minor currency pairs are currency pairs that typically do not include the US dollar and feature less frequently traded currencies compared to major pairs. These pairs often involve a combination of currencies from smaller or emerging economies, such as the Australian dollar (AUD), New Zealand dollar (NZD), and others, along with major currencies like the euro (EUR) or the British pound (GBP). Examples of minor currency pairs include EUR/AUD, GBP/NZD, and AUD/JPY. While they tend to have lower liquidity and can exhibit higher volatility, they provide opportunities for traders looking to diversify their portfolios beyond the more commonly traded major pairs.

» Forex Glossary of Trading Terms and Definitions

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