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Market details, charts, calculators, and economic calendar in one place.
The Live Forex Cross Rates table gives you an instant, high-level overview of the exact exchange rates between every major global currency. Rather than pulling up individual charts for EUR/USD, EUR/GBP, and GBP/USD, this cross-matrix displays all current bids and asks in a single, easy-to-read grid.
For funded traders managing strict drawdown limits, understanding cross rates is vital for identifying correlation risks. If you are long EUR/USD and short USD/CHF, you are essentially doubling your risk exposure to the US Dollar. The cross rates table helps you quickly calculate pip values and understand inter-market pricing.
In forex trading, currency pairs are divided into three main categories based on liquidity and trading volume:
Minor cross pairs (like GBP/NZD) have lower trading volume than major pairs (like EUR/USD). Because fewer institutions are buying and selling these pairs, brokers widen the spread to compensate for the lack of liquidity.
The pip value for a cross rate depends on the quote currency (the second currency in the pair). For example, in EUR/GBP, the profit is calculated in British Pounds and then converted back to your account's base currency.