Sentences with phrase «usd currency quote»
Lets say you want to buy the EUR / USD currency quote, the current price of which is 1.2776.
http://www.fxinfo.com/ Not exact matches
For e.g. USD is the quote currency of EUR / USD.)
These currencies are quoted in pairs, such as the widely traded pair EUR / USD that is the Euro and the US Dollar.
The main exceptions for this are the EUR, GBP and the AUD currencies, which appear before the USD in a quote.
For example, in GBP / USD, the British Pound is known as the base currency and the USD is called the quote currency.
Purchase at a market price of 1,180, the USD value of the position, also referred to as quote or counter currency exposure, is 100 x 1,180 = $ 118,000
When USD is the base currency and the quote goes up, that means USD has strengthened in value and the other currency has weakened.
If EUR / USD is at 1.4000, it means that the euro is the base currency and that one euro is worth US$ 1.40, with the U.S. dollar representing the quote / counter currency.
Rates quoted in USD and all other Currencies are just an indication.