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    • What Is a Currency Pair? Major, Minor, and Exotic Examples

      Quotation of two different currencies

      • A currency pair is the quotation of two different currencies, with the value of one currency being quoted against the other. The first listed currency of a currency pair is called the base currency, and the second currency is called the quote currency.
  1. May 17, 2024 · A currency pair is a price quote of the exchange rate for two different currencies traded in FX markets. When an order is placed for a currency pair, the first listed...

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  3. Sep 28, 2022 · Currency pairs are the national currencies from two countries coupled for trading on the foreign exchange (FX) marketplace. Both currencies will have exchange rates on...

  4. 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 used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.

    Rank
    Currency
    Iso 4217code
    Symbol Orabbreviation
    1
    USD
    US$
    2
    EUR
    3
    JPY
    ¥ / 円
    4
    GBP
    £
  5. Jan 18, 2024 · A currency pair is a combination of two different currencies which are valued against each other. This enables investors and traders to compare the value of one nation’s currency to another. Trading currencies via pairs therefore involves two sides automatically – a buyer and a seller.

  6. Sep 4, 2023 · A currency pair is the quotation of two different currencies, with the value of one currency expressed in terms of the other. For example, the most commonly traded currency pair is EUR/USD, which represents the euro against the US dollar.

  7. A currency pair is a price quote of the exchange rate for two different currencies traded in FX markets: They are known as the base currency and the quote currency. The exchange rate of a currency pair indicates how much of the quote currency is needed to purchase one unit of the base currency.

  8. What is a currency pair? A currency pair is a financial instrument that can be bought and sold on a currency exchange. Each pair is made up of two currencies. For example, the euro and the US dollar are referred to as “Eurodollar” and trade under the ticker symbol EURUSD.

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