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Currency Pair
(redirected from Currency pairs)

    Also found in: Wikipedia 0.01 sec.
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."
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So first on the books is really learning on which currency pairs are the best to trade in and why, and when you have that selected, what you need to do is to learn all you can on the price trend and the behaviour of the currency that you have selected.
Learn to Trade the Forex in 5 Easy Steps by Alvin Huang / Finance and Investment community
Currency trading is similar to other forms of trading, such as, stock and commodities in that becoming familiar with and concentrating on just a handful of currency pairs becomes a tremendous advantage when trading.
Find Your Forex Niche & Its Advantage by Ashutosh pratap / Internet and Businesses Online community
As we have stated time and again, correlations between different currency pairs will inevitably shift over time.
Forex Correlations (September): Market Participants Slowly Shifting ... by Mena Report
 
 
 
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