In forex trading, all currencies are quoted in pairs. For example, in comparing the Euro Dollar (

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In forex trading, all currencies are quoted in pairs. For example, in comparing the Euro Dollar

(

EUR

)

to the US Dollar

(

USD

),

you would quote the currency pair EUR

/

USD

.

When we display a forex quote for this pair, we are saying how many dollars each Euro is worth. If the quote is EUR

/

USD

1.29

that says

1

Euro is worth

Posted Date: May 18, 2024 04:05 PM

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In forex trading, all currencies are quoted in pairs. For example, in comparing the Euro Dollar (

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