Forex terms base currency
USD is the counter currency.
This does NOT represent the number of euros for 1 US dollar. In fact it is the opposite and represents the number of dollars to a euro.
To learn more about reading currency pairs visit, Lesson 2. Online forex trading carries a high degree of risk to your capital and it is possible to lose your entire investment.
Base Currency
Only speculate with money you can afford to lose. Forex trading may not be suitable for all investors, therefore ensure you fully understand the risks involved, and seek independent advice if necessary.
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What are Currency Pairs and the Basics of Currency Trading - simyviqoj.web.fc2.com
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