How to Trade Forex - Currency Pairs
Base and Terms Currencies
There are two currencies making for each pair therefore making a currency pair.
EUR is the base currency, the base currency is always equal to one
USD is the terms currency.
For example this would be the Eurodollar which is for example at 1.3185 (which means that 1 Euro is worth 1.3185 US Dollars.
Major Currency Pairs:
Minor Currency Pairs:
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