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Forex currency pair

The currency pair

The Forex currency pair is the notation of two currencies that make up the exchange rate together. The currency pair serves as an object for financial transactions. Forex currency pair is denoted as consecutive to each other notation of the two currencies that make up the currency pair that is stored either together or through a slash in the following way: the base currency quotes / currency. The base currency is denoted by the first currency that is bought and sold, and quoted currency used to express the price of the base currency. Currency pair - this is the basic concept of the foreign exchange market, which is found everywhere, as soon as it comes on the market: the market reports to the trading terminal.

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