Quoted currency

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Currency pairs compare the value ISO currency codeor the three-letter alphabetic code they from you in exchange for international market.

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Forex Base Currency and Quote Currency Explained - Base Vs Quote Currency in Forex Trading - 2020
The base currency is normally considered the domestic currency and is followed by the quote currency or the counter currency in the pair. The second currency in the pair is the quote currency (also known as the counter currency). You buy when you think the base currency will strengthen relative to. In forex, currencies are traded in pairs. The first currency is called the base currency and the second currency is called the quote currency.

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The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. How do you read forex quotes? Investopedia does not include all offers available in the marketplace. Use in companies Companies that are internationally active and also do business in foreign currencies are also interested in currency pairs.