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in this video guys we look at calculating the currency cross pair rates hey trainers warm welcome to you FX traders one for you this okay quick for you how you calculate the currency cross pair rates first of all what is a cross well many many years ago if you wanted to convert lets say pounds into yen you first of all had to convert it into dollars and then convert those dollars into yen because GBP turn against USD USD turn against JPY as we can see here pound US dollar US dollar JPY that was what you had to do to get your yen however times were changed now we have whats called two crosses which means that we have to become bypass that USD transaction all together and if we look at some examples of crosses here weve got GBP JPY euro JPY euro CHF euro GBP you can see that the common denominator or the common theme throughout these is that theres no US dollar constituent because theres no us not a component should I say when to combine index basket here theres no component here