Wednesday, September 24, 2008

Forex Currencies | ForexGen

Most forex currencies can be traded on the currency market. However, some currencies are more liquid than others.

The most commonly traded currencies traded are:

The EURO – Today this is the world’s most powerful currency. It is now used by over 300 million people in twenty counties:

These countries are:

Andorra, Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovenia, Spain, Vatican City.

The British Pound – Used in the United Kingdom, the Isle of Man, the Channel islands, British Antartic Territory and the British ocean Territory. More information can be found about these locations by following the links.

The US Dollar – The currency of the United States of America. The US Dollar is also used in East Timor, British Virgin Islands, Ecuador, El Salvador, Marshall Islands, Federated States of Micronesia, Palau, Panama, Turks and Caicos Islands, Bermuda.

The US Dollar is also pegged by 22 currencies:

Aruban florin, Bahamian dollar, Bahraini dinar, Barbadian dollar, Belize dollar, Belarusian ruble, Bermudian dollar, Cayman Islands dollar, Cuban convertible peso, Djiboutian franc, East Caribbean dollar, Eritrean nakfa, Hong Kong dollar, Jordanian dinar, Lebanese pound, Maldivian rufiyaa, Netherlands Antillean gulden, Omani rial, Qatari riyal, Saudi riyal, Salvadoran colón, United Arab Emirates dirham.


The Japanese Yen
- This is the currency of Japan


The Swiss Franc
– The Swiss Franc is the currency of Switzerland. It is also used in Lichtenstein. It is also used in the Italian exclave Campione d’Italia .



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