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Forex question What are currency pairs in Forex trading?
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Question by: Henry - 09 May 2017, 07:39:36
What are currency pairs in Forex trading?
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Answer by: Samanthar - 09 May 2017, 07:41:28

Each currency can only be priced in terms of its value against another currency. The price of currency A when paired with currency B (quoted as the A/B exchange rate) can be thought of as "the price of currency A when quoted in terms of currency B."

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