The United States dollar is the world’s primary currency – an international scale that is to evaluate any other currency traded on Forex. All currencies are usually referred to in the US dollar terms. Under international economic and political disadvantages, the US dollar is a major safeguards, which proved particularly well during the 1997-1998 Southeast Asia crisis.
As it was pointed out, the US dollar became a major currency from the end of the second world war with the Breton Wonders Award, because other currencies were trusted against it. Introduced Euro in 1999 only to reduce the importance of the dollar.
The second major currency exchange is Euro, Japanese Yen, British Pound and Swiss Franc compared to the US dollar.
Euro trading was designed to become the main currency, just referring to the US terms. Like US dollar, EU is a strong international presence by EU members. Currency is infinite by the government’s resistance to uniform equality, high unemployment, and structural changes. The pair also increased the flow by foreign investors, especially Japanese, in 1999 and 2000, which was forced to eradicate their lost investments in the Euro-linked assets. In addition, the European Money Manager revoked their departments and reduced their exposure to Euro due to their needs to prevent currency risk in Europe.
C) japanese yen
Japanese Yen is the third most traded currency in the world; it has a huge international presence compared to US dollars or euros. This is virtually a liquid around the world around the clock. Natural demand for trading of Yen mostly focuses mostly on Japanese crafts, economic and financial organizations. The Yen Nikki index, Japanese stock market, and the real estate market is more sensitive to the fortune.
D) British pound.
By the end of the Second World War, pound was a currency reference. The currency is traded much more than the Euro and the US dollar, but there is a natural presence against other currencies. Prior to the introduction of the Euro, pounds benefited from any doubt about currency variables. After the introduction of the Euro, the Bank of England is trying to bring a higher EU rate near the high rate of euro zone. The £ can be included in the Euro 2000 in early 2000s, according to the UR. The referendum is positive.
E) Swiss Franc.
Swiss Franc is the only currency in the European Union, which is not only the European Union nor the G7 countries. Although the Swiss economy is relatively low, Swiss Franc is one of the four major currencies, near the Swiss economy and the ability to finance and the potential. Switzerland has very close economic ties with Germany, and thus to the european zone. Therefore, in the Middle East, Swiss frank is generally related to Euro, in terms of political uncertainty. Generally, it is thought that Swiss Franc is a stable currency. In fact, from the foreign exchange point, Swiss Frank meets Euro samples near, but lacks impairment. As far as its demand is higher, Swiss Franc can be more stable than the Euro.