Forex glossary

Quote currency in Forex

A clear definition of Quote currency, with practical context for reading markets and making better trading decisions.

Level 1 · Understand the MarketCurrency & pricing

Definition

The second currency in a pair: the currency used to express the price of one base-currency unit.

In GBP/USD, USD is the quote currency.

Understanding Quote currency helps traders interpret market information, plan decisions, and manage risk with more context.

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