Since currencies are traded in pairs, it becomes very difficult for the trader, especially the beginner, to gauge the performance of just one of those currencies. One of these skills is the ability to measure the strength or weakness of various currencies. While this presents a number of lucrative opportunities, it also requires the development of special skills on the part of the trader. When you trade currencies, you are exposed to not one currency, but a pair of currencies. Trading currencies are therefore quite different from trading any other asset class. The concept of trading currencies in pairs sets the Forex (FX) market in a class of its own.
