Currency Pairs
What are major, minor and exotic currency pairs? finder. com. A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. the currency that is used as the reference is called the counter currency, quote currency or currency and the currency that is quoted in relation is called the base currency or transaction currency.. currency pairs are generally written by concatenating. A forex quote always consists of two currencies, a currency pair consisting of a base currency and a quote currency (sometimes called the "counter currency"). these pairs represent the currencies you're trading. the first part of the pair is called the base currency, and the second is called the quote currency. A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. the currency that is used as the reference is called the counter cur