Currency Pairs

Major Currency Pairs Forex

A currency pair is the quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a currency pair is called the "base currency", and the second currency is called the "quote currency"..A widely traded currency pair is the relation of the euro against the US dollar, designated as EUR/USD. The quotation EUR/USD 1.2500 means that one euro is exchanged for 1.2500 US dollars. Here, EUR is the base currency and USD is the counter currency. The most traded currency pairs in the world are called the Majors..

A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is .The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency..Learn about using currency pairs to trade the forex market. Get a free demo account and start trading today..In the Forex market currencies are traded in pairs and exchange rate is determined by supply demand. easy-forex overviews the basics of currency pairs .

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