How to Trade Forex - Currency Pairs

22
Jul

Base and Terms Currencies

There are two currencies making for each pair therefore making a currency pair.

EUR/USD

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.

 

Currency Pairs

Major Currency Pairs:

 

 Minor Currency Pairs:

 

 

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