Currency Explaination

The Currency

Major or Cross.....?
Major : Base Currency

Direct : that ended with usd behind.
example: eur/usd, gbp/usd, nzd/usd. . etc
Redirect: currency that start with usd in front of.
example: usd/jpy, usd/chf, usd/cad..etc

Cross : currency not at pasanga with usd. example: gbp/jpy, gbp/aud etc.

Currency Character.

Every currency has certain individuality and follow trade rule a country. , follow currency characteristic towards transaction market forex global:

• GBP

          If economy indicator positive possibility sentiment" buy" high.

• EUR

          Not  influenced dollar, because economy at europe full he is depend on export.

• CAD 

         Very sensitive (depend on) towards world crude oil price, remember canadian one of [the] 9 biggest
         oil exporters of world.

• JPY
  

         Mechanical industries in Japan much like a big factory in oil prices is very influential on Japanese
         currency, so if world oil prices expensive may be many manufacturers will go bankrupt in Japan .

•  AUD

          Very depend on towards gold price because australia biggest gold importer rank number 2 in world.  

• CHF

         Incline stable.

• NZD

          Follow aussie (aud) because economy new zealand base on australian political economy conditon.