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Each row is the currency you convert from. Read across to the column of the currency you want: the cell shows how many units of the column currency one unit of the row currency buys.
If a currency has gained against most of the others in its row, the move is strength in that currency, not weakness in one counterpart. That tells you which pairs are worth a closer look.
Every cross can be worked out from the two currencies’ rates against the US dollar, which is how the market prices them. The example below shows the arithmetic.
The table shows indicative market rates. Open the instrument page for the live price, spread and swap you would trade at GCC Brokers.
Say EUR/USD is 1.1250, GBP/USD is 1.3240 and USD/JPY is 157.86.
Both EUR/USD and GBP/USD are quoted against the dollar, so divide: EUR/GBP = 1.1250 ÷ 1.3240 = 0.8497. One euro buys about 0.85 pounds.
For EUR/JPY the dollar is the quote of one pair and the base of the other, so multiply: EUR/JPY = 1.1250 × 157.86 = 177.59.
If the table then shows EUR/GBP rising while EUR/USD is flat, it is the pound that is weakening, against the euro and the dollar alike.
Cross rates are exchange rates between two currencies, neither of which is the US dollar. For example, EUR/GBP, AUD/JPY, and CHF/CAD are all cross rates. While the US dollar dominates global forex trading, cross rates allow traders to take positions based on the relative strength between any two currencies.
The cross rates table above shows a matrix of live exchange rates between major currencies. Each cell displays the rate for converting the row currency into the column currency. This is an essential tool for identifying currency strength, spotting arbitrage opportunities, and planning multi-pair strategies.
Professional traders use cross rate tables to quickly compare relative currency performance. If EUR is strong against USD, GBP, and JPY simultaneously, that's a clear sign of EUR strength — not just weakness in a single counter-currency.
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