Sandy Ingram

  In Sandy Ingram

The Iraqi dinar is not on the Forex market, yet.  The Iraqi dinar is an exotic currency, as is the Vietnam dong… Currencies are traded in pairs on the Forex Market.  The 3 main types… majors, minors and exotics…The more liquid an asset the easier and more efficient it is to turn it back into cash.  Major currency pairs have the highest trading volume… Exotic currencies…are not traded that often.  There is little technical analysis or data available to support trading decisions for exotic currencies…