The High-Stakes Game of Trading Exotic Forex Pairs
17
2
BTCCSquare news:
The Forex market divides into major, minor, and exotic currency pairs, each offering distinct risk-reward profiles. Major pairs like EUR/USD dominate liquidity, while exotics such as USD/TRY lure traders with volatility—at the cost of wider spreads and execution risks.
Exotic pairs demand specialized strategies. Their thin order books and erratic price action RENDER conventional approaches ineffective. Traders venturing here must account for political instability, central bank interventions, and abrupt liquidity shifts absent in developed markets.
By:
