Some major currency pairs are:GBP/USD - Pound Sterling/US DollarUSD/CHF - US Dollar/Swiss FrancEUR/USD - Euro/US DollarUSD/JPY - US Dollar/Japanese YenMinor Currency PairsA minor currency pair is the one that does not involve USD and these pairs are also known as cross currency pairs.
They are a little bit less liquid as compared to major currency pairs.
Some minor or cross currency pairs are:EUR/GBP - Euro/Pound SterlingGBP/JPY - Pound Sterling/Japanese YenEUR/AUD - Euro/Australian DollarGBP/CAD - Pound Sterling/Canadian DollarExotic Currency PairsAn exotic currency pair includes currencies of developing countries that are still emerging and struggling with their economic conditions.
A few examples of exotic currency pairs are:EUR/TRY - Euro/Turkish LiraGBP/ZAR - Pound Sterling/South African RandAUD/MXN - Australian Dollar/Mexican PesoUSD/THB - US Dollar/Thailand BahtComparison Between USD, Euro, and GBPThese three currencies are the most liquid and used currencies in forex trading.
All of the three currencies are generating competitive returns for their investors or traders.
Although the economy comes on the third worldwide position, the currency is the most powerful currency of the world.Origin of US DollarThe US Dollar was introduced in 1944 by the United States of America.