You can discover a lot of different currencies in the world. About every country has its own currency, but with regards to forex trading, the trading of currencies is only done with what is commonly called the majors. These currencies are highly regarded as majors as they are economically steady compared to other foreign currencies.

The key currencies that are traded in the FX market are Euro, British Pound, Canadian Dollar, American Dollar, Australian Dollar, Japanese Yen, and Swiss Franc.