What is currency pair?Currency Pair
Such as EUR/USD: how much of the quote currency (USD) one unit of the base currency (EUR) is worth.
Learn “currency pair” in an animated lesson
- Forex BasicsBuy / Sell and the Spread
Why are you down the moment you open a trade? Watch Buy fill at the Ask and Sell fill at the Bid in real time, and see the spread widen at different times of day.
- Forex BasicsMajors, Crosses and Pip Value
How many dollars is a pip on USD/JPY worth? Where does the EUR/JPY rate come from? Learn to convert any pair's pip value into dollars.
- Forex BasicsHow to Read a Currency Pair
EUR/USD, USD/JPY… what does each side of the slash mean? And when the number moves, which currency got stronger?
Related terms
See how “currency pair” works for yourself with an animation you can drag and play.
Go to “Buy / Sell and the Spread”