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What is a currency pair? What are the common foreign currencies?

責任 by 責任
21/11/2022
in Knowledge
What is a currency pair? What are the common foreign currencies?
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What is a currency pair?

A currency pair is the relative value of the quoted currency against a unit of another currency in the unit foreign exchange market.

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The reference currency is referred to as the relative currency, quote currency or currency, and the associated quote currency is referred to as the base currency or transaction currency.

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Foreign Exchange_Forex Market_Forex Trading_Forex Investment - mydayfinance.com

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.

Recent Posts

  • US Dollar Strengthens Amid Global Tensions and Job Growth 09/10/2024
  • Pound Sterling Set for Sideways Trading Amidst Continued Weakness 09/10/2024
  • USD/CAD Surges to Highest Level Since August Amid Strong Dollar Demand 09/10/2024
  • GBP/USD Faces Pressure Amid Diverging Monetary Policies 09/10/2024
  • Yen Weakens as Economic Data Raises Concerns Amid USD Strength 09/10/2024

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ARS ats Bank of Korea bam bef bhd bob Central Bank of Brazil CAD to CNY Central Bank of Canada Central Bank of Russia CHF to CNY cop cup dem Digital Currency Dollar Index dop eek ern esp financial markets forex trading gel ghs

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Copyright © 2024 mydayfinance.com MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.