Forex Terminology and Glossary

Forex Terminology and Glossary

What are currency pairs?

Forex Trading is about speculating on the fluctuating currencies between two countries. These two currencies are referred to as “Currency Pairs‘ and they are made up of the “Base Currency” and the “Quote Currency“.

Forex Terminology and Glossary

What is Forex?

Forex is short for Foreign Exchange. If you’ve exchanged your local money for another country’s money in a forex bureau, then you participated in foreign currency exchange.

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