currency pairs forex

currency pairs forex

How Do Currency Pairs Work in Forex Trading?

Currency pairs forex markets use represent two currencies quoted against each other, where the first currency (base) is bought or sold in exchange for the second currency (quote). When you see EUR/USD at 1.0850, it means 1 euro costs 1.0850 US dollars. Every forex trade involves simultaneously

FX FAQs
Jun 30
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