Glossary

What is Currency pair?

Currencies (forex)

Two currencies quoted together, like EUR/USD. The price tells you how much of the second currency buys one unit of the first.

Think of it like: A seesaw: when one side goes up, the other goes down.
Real example: USD/JPY at 150 means 1 US dollar buys 150 Japanese yen.
Lesson: Why currencies move Practise it now: Headline Reflex

Related words

All 189 words in the glossary