What are the best foreign exchange pairs for making money with fx trading? The forex market is huge and if we look around, we shortly understand that there are a big number of possible currency exchange pairs. In theory, any 2 of the world’s many currencies can be exchanged and the trader can make or lose money on the exchange. So how many currency pairs are there? There are around 150 currencies in the world. Of course there are numerous more states than that, but many of the western european states use the euro, some countries use the US dollar and some developing states who’ve got their own currency keep it pegged to USD values to maintain stability.
Still, there are many thousands of possible currency pairs. Sometimes they are going to cover the major currencies in combination with $ and some cross pairs.
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