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The numbers to the left of the decimal point in an exchange rate.
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Common Trading Terms
Related Terms
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...
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A pip is the smallest value change in a currency pair’s exchange rate. Since currency prices typically move...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign...
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What is Quote Currency? The quote currency is the second currency in a currency pair. It is used to...
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