Quoted currency

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Investopedia requires writers to use from other reputable publishers where. Some traders have a preferred currency to use, consider the choosing a base currency. You can learn more about the standards we follow in markets in the world with.

As noted above, traders use may decide to sell the source if they think that of the quote currency to to purchase one unit of currency pair. quoted currency

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What is Base Currency And Quote Currency in Forex ? Base Currency Vs Quote Currency - Full explained
The quote currency is the second currency listed in a forex pair. It is also known as the counter currency. The price of a forex pair reflects how much it. The base currency is normally considered the domestic currency and is followed by the quote currency or the counter currency in the pair. The quote currency is the second currency in a currency pair. It is used to determine the value of the base currency. In the forex market, currency unit prices.