In
The quote currency is also known as the
If looking at the EUR/USD currency pair, the
Wikimedia Foundation. 2010.
Quote Currency — The second currency quoted in a currency pair in forex. In a direct quote, the quote currency is the foreign currency. In an indirect quote, the quote currency is the domestic currency. Also known as the secondary currency or counter currency .… … Investment dictionary
Currency Pair — The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency. The first currency of a currency pair is called the base currency , and the second… … Investment dictionary
Currency pair — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… … Wikipedia
Currency Pair: EUR/USD (Euro/U.S. Dollar) — The abbreviation for the euro and U.S. dollar (EUR/USD) pair or cross for the currencies of the European Union (EU) and the United States (USD). The currency pair tells the reader how many U.S. dollars (the quote currency) are needed to purchase… … Investment dictionary
quote — An indication of current bids and offers in the market on a particular contract or spread. Chicago Mercantile Exchange Glossary The highest bid price and the lowest offer price for a security at any particular time. An offer to buy or sell a… … Financial and business terms
quote — quote1 W3S2 [kwəut US kwout] v [Date: 1300 1400; : Medieval Latin; Origin: quotare, from Latin quot how many ] 1.) [I and T] to repeat exactly what someone else has said or written quote from ▪ She quoted from a newspaper article. ▪ He quoted a… … Dictionary of contemporary English
quote — [[t]kwo͟ʊt[/t]] ♦♦ quotes, quoting, quoted 1) VERB If you quote someone as saying something, you repeat what they have written or said. [V n as ing] He quoted Mr Polay as saying that peace negotiations were already underway... [V n as ing] She… … English dictionary
Base Currency — The first currency quoted in a currency pair on forex. It is also typically considered the domestic currency or accounting currency. For accounting purposes, a firm may use the base currency to represent all profits and losses. It is sometimes… … Investment dictionary
base currency — Applies mainly to international equities. currency in which gains or losses from operating an international portfolio are measured. Bloomberg Financial Dictionary * * * The currency that forms the base of a quotation, i.e. the denominator… … Financial and business terms
Base currency — In foreign exchange markets, the base currency is the first currency in a currency pair. The second currency is named the quote currency, counter currency or terms currency. Exchange rates are quoted in per unit of the base currency. Note that FX … Wikipedia
