Currency Pair


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Currency Pair

In foreign exchange, two currencies whose values are compared. The first currency is called the base currency and is given a value of 1, while the second is called the quote currency and is expressed as "quote currencies per one base currency." For example, if one compares the British pound to the U.S. dollar and the pound is the base currency, it is written as GBPUSD and expressed as "dollars per one pound."
References in periodicals archive ?
Summary: Main drivers of strong trading month were Indian Rupee, G6 currency pair, Indian Single Stock Futures with BSE Sensex Future
For each currency pair an additional three monthly contracts will be listed at any given time resulting in four consecutive months of monthly expiries.
Last year we launched exchange trading currency pair yuan-tenge on our stock exchange.
The BFX Futures are currently available on the US Dollar versus the Indian Rupee (USD-INR) currency pair, Euro versus the US Dollar (EUR-USD) currency pair, Gold, Silver and Natural Gas, said the statement.
The currency pair USD/JPY has been developing the downtrend for the last 5 years.
When trading currencies, you are not buying and selling actual physical currencies, you are speculating that the price of a currency pair will increase or decrease.
Volumes of this currency pair for the Middle East have increased by more than 1280 per cent during the year.
MANAMA: Middle Eastern foreign currency traders significantly increased their trading in the euro/US dollar currency pair during the third quarter of this year.
The swing trader times entry and exit points around large shifts in the market that can move a currency pair by a significant number of pips.
On June 1 GBP/USD currency pair touched the local minimum of 1.
The new spread for the most traded currency pair EUR/USD is just 1.
MANAMA: Middle Eastern foreign currency traders have been trading heavily in the euro/US dollar currency pair during the first two quarters of this year.