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Exotic Currency Pair

A currency pair that includes one major currency and one from a smaller or emerging economy. Example: USD/THB.

Related Terms

Bid Price The price at which a seller can sell an asset. Zentrader uses the mid-price (average… In-the-Money (ITM) When a trade closes in the trader's favour, resulting in a payout. For High/Low options,… Cross Rate A currency exchange rate between two currencies, neither of which is the US dollar. For… FTD (First-Time Deposit) A term used in the Zentrader Affiliate Program referring to the first deposit made by… Moving Average A technical indicator that smooths out price data by calculating the average price over a… High A prediction that the price of an asset will be above the strike price at…

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