The Traderszone Network

Published in TZ Latest News 22 February, 2017 by The TZ Newswire Staff

Is it better to avoid Exotic currency pairs? Why?

Lately, I have been watching the market of exotic currencies which are not so commonly traded. Especially Turkish Lira, the Mexican Peso and the Brazilian Real. One of my friend said, you must avoid those pairs. That’s what he learned from the experts. He could not explain it to me. Can anyone here explain that? Why exactly most people avoid these currencies?