quote currency

Which Forex Currency Pair Do I Have To Choose When Trading On The Forex Market?

Choosing the right Forex currency pair is one of the most important decisions when you are mapping your future Forex trading strategy. Although you can switch from one Forex currency pair to another one during the test phase of your trading strategy, it should be common sense of a novice Forex trader to stick with one currency pair when trading ...

Quote Currency

The quote currency is the second currency in any currency pair. This is frequently called the PIP currency and any unrealized profit or loss is expressed in this currency.