If you are interested in investing in emerging currencies, maybe this will help you. Most traders of Forex usually go with big eight currencies. These are USD, EUR, GBP, JPY, CAD, CHF, and AUD. But for the biggest rewards, they go with emerging currencies.
Emerging currencies are basically those that are associated with countries that are considered emerging markets. These countries are transitioning towards transparent and open economy. This categorization applies to even large powerhouses like Brazil and China as it does to small countries.