Forex and CFDs · Rookie
Currency pair
What does Currency pair mean?
A currency pair quotes one currency in units of another. The first is the base currency; the second is the quote currency.
Example
EUR/USD at 1.0800 means one euro is quoted at 1.08 US dollars.
Illustrative example; not a provider’s quoted offer.Why it matters for prop traders
Profit conversion into the account currency can affect the monetary value of a price move.
Sources and further reading
The following primary sources support the terminology. Provider rules describe their own products and may change.