Definition of Cross Pair (Cross Rate)
A currency pair that does not include the US Dollar. Examples: EUR/GBP, AUD/JPY, GBP/CHF. Cross pairs are derived from each currency's exchange rate against USD.
At a glance
Example
Apply the definition: restate “Cross Pair (Cross Rate)” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “Cross Pair (Cross Rate)” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Cross Pair (Cross Rate)” page and reopen it when reading broker specs so definitions stay consistent.