{"id":11792,"date":"2024-04-05T15:32:44","date_gmt":"2024-04-05T11:32:44","guid":{"rendered":"https:\/\/fxglory.com\/helpdesk\/docs\/fxglory-help-center\/learn-forex\/what-is-a-currency-pair\/"},"modified":"2024-07-11T16:39:18","modified_gmt":"2024-07-11T12:39:18","slug":"what-is-a-currency-pair","status":"publish","type":"docs","link":"https:\/\/fxglory.com\/helpdesk\/docs\/knowledgebase\/learn-forex\/what-is-a-currency-pair\/","title":{"rendered":"What is a currency pair?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"11792\" class=\"elementor elementor-11792\" data-elementor-post-type=\"docs\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6afff22 elementor-section-full_width elementor-section-height-default elementor-section-height-default\" data-id=\"6afff22\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8a392b1\" data-id=\"8a392b1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6e73151 elementor-widget elementor-widget-text-editor\" data-id=\"6e73151\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"direction: ltr;\">In forex trading, all currencies are quoted in pairs. For example, in comparing the Euro (EUR) to the US Dollar (USD), you would quote the currency pair EUR\/USD. A currency pair is a set of currencies that are quoted against each other. In a currency pair, there is always a quote currency and a base currency. The first currency in the pair is the <strong>\u201cBase\u201d<\/strong> currency, and the second currency is the <strong>\u201cQuote\u201d<\/strong> currency. When we render a Forex quote for this pair, we are saying how many dollars each Euro is worth. If the quote is EUR\/USD 1.31, that means 1 euro is worth 1.31 US dollars.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In forex trading, all currencies are quoted in pairs. For example, in comparing the Euro (EUR) to the US Dollar (USD), you would quote the currency pair EUR\/USD. A currency pair is a set of currencies that are quoted against each other. In a currency pair, there is always a quote currency and a base [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":9544,"menu_order":156,"comment_status":"open","ping_status":"closed","template":"","doc_tag":[],"class_list":["post-11792","docs","type-docs","status-publish","hentry","no-post-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11792","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/comments?post=11792"}],"version-history":[{"count":1,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11792\/revisions"}],"predecessor-version":[{"id":15178,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/11792\/revisions\/15178"}],"up":[{"embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/docs\/9544"}],"wp:attachment":[{"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/media?parent=11792"}],"wp:term":[{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/fxglory.com\/helpdesk\/wp-json\/wp\/v2\/doc_tag?post=11792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}