TRADING GLOSSARY
Currency pair
Forex is quoted in pairs: the price shows how much of the second (quote) currency buys one unit of the first (base) currency.
EXAMPLE
USDJPY at 151.20 means one US dollar buys 151.20 Japanese yen.
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Glossary definitions are general education only and are not investment advice. Risk disclosure