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NEW
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Quant Fund
Top asset management team helps you profit without hassle
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BTC Staking
HOT
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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A Must-Know for Forex Trading! Quick Reference Chart of Over 30 Countries' Currency Symbols, Korean Won, Euro, US Dollar One-Click Input
Why Do Traders Need to Master Currency Symbols?
In Forex trading, quickly identifying different currencies is fundamental. When you see the € symbol, your mind immediately associates it with Euro-related currency pairs (EUR/USD, EUR/JPY); seeing ¥, you need to determine whether it refers to the Chinese Yuan or Japanese Yen based on the context. Currency symbols are essentially a universal “shorthand system” that helps you instantly distinguish market trends.
Compared to writing out “40 USD,” using $40 saves time and effort, especially when monitoring multiple currency pairs’ price movements. This efficiency advantage becomes particularly important.
Overview of Common Global Currency Symbols
How to Quickly Input Currency Symbols on Your Computer?
Often need to enter symbols in trading records or reports? These shortcuts can greatly improve your efficiency.
Beware! These Symbols Are Easily Confused
The Dual Identity of ￥ Symbol
The “￥” symbol is widely used in East Asia, but the currency it represents differs:
To avoid confusion, traders often add the currency code: CNY￥100 (100 Yuan Renminbi) vs. JPY￥100 (100 Yen).
The $ Symbol Is Used in Over 30 Countries Globally
Don’t assume " $" always means US Dollar. Over 30 countries worldwide use $ as their local currency symbol, including:
The ฿ Symbol’s Identity Switch
“฿” specifically refers to Thai Baht in Forex markets, but in the crypto world, it represents Bitcoin. The same symbol can have completely opposite meanings depending on the context, so always pay attention to the scenario.
How to Read Forex Currency Pairs?
The core of Forex trading is the currency pair, which indicates the exchange rate between two currencies. For example, USD/GBP:
Common high-liquidity pairs include EUR/USD (Euro/US Dollar), GBP/JPY (British Pound/Japanese Yen), etc. Mastering how to read currency pair symbols is fundamental for quick reactions in the global Forex market.
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