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A “currency cross pair”, also referred to as “cross-currency pair” or simply as a “cross, involves a pair of currencies neither of which is the United States dollar. An example of a currency cross pair is the GBP/JPY, in which the two currencies in the quote are the British pound and the Japanese yen. Other examples include EUR/JPY, EUR/CAD, CHF/JPY, and AUD/CHF.
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