1) This site will answer your first questionhttps://www.babypips.com/forex-school/mar… 2) There are only six major currency pairs against the dollar GBP EUR JPY CAD CHF AUD
These are the pairs with the highest volume and the lowest spreads. There are six or eight other “cross pairs” that also have good volume, but the spreads widen to 9 or 10 pips.
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