Forex directory currency quotes

Forex directory currency quotes

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87. Forex Trading - How to Read a Currency Quote

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How to Read Forex Price Quotations

03/04/ · Quote currency As the second currency in a quote, it’s also called the secondary currency. You’ll tend to find the weaker currency is the quote currency. The quote currency shows how much of this currency is equal to one of the base currency. The ins and outs of a forex quote Let’s have a look at an example of a forex quote: USD/ZAR Conversely, with the indirect quote, the domestic currency is the one that varies while the foreign currency is that one that is fixed as a single unit. For example, if the direct quote is listed as CAD/USD, it means that $1 Canadian will buy $ US. The indirect quote would read USD/CAD meaning that $1 US will purchase $ Canadian Forex Quote currency - second currency in a currency pair records indicating the cost per unit of base currency