Sentences with phrase «quote currency»

The base and quoted currency labels are used for the first and second currency in a currency pair.

Learn how to read quote currency and its many functions in determining changes in the forex trading market.

Fees are charged on a per - trade basis, and calculated as a percentage of the trade's quoted currency volume.

* Quoted currencies from USD are approximate.

So, Dr Hassan Ayariga as serious as he is, there is no way he will quote a foreign currency knowing very well in Ghana we don't [spend] foreign currency but in Ghana we [spend] cedis, so everything he said it was in cedis but because he has lived outside for a very long time, sometimes he mistakenly quotes their currencies and because he also has businesses outside Ghana, sometimes he might mistakenly quote some of their currencies but he wanted to say cedis,» Mr Poku emphasised.

Pepperstone quotes currency pairs by «5, 3 and 2» decimal places — these are known as fractional pips or pipettes.

Ripple's trade volumes rose to nearly $ 4.3 billion on Saturday, with the South Korean won serving as the main quote currency.

For currency pairs where the U.S. dollar is the quote currency, calculating profit or loss is pretty simple really.

If you are trading 1 standard lot you would have lost $ 1,000 because 1 standard lot of pairs with the U.S. dollars as the quote currency = $ 10 per pip, and $ 10 per pip x 100 pips = $ 1,000

Well, in the Forex market when you sell a currency pair you are actually buying the quote currency (the second currency in the pair) and selling the base currency (the first currency in the pair).

In currency pairs where the U.S. dollar is the quote currency, one standard lot will always equal $ 10 per pip, one mini-lot will equal $ 1 per pip, one micro-lost will equal.10 cents per pip, and a nano - lot is one penny per pip.

A base currency (the currency to the left in a currency pair quote; the other is called the quote currency) tends to act the same.

Well, in the Forex market when you sell a currency pair you are actually buying the quote currency (the second currency in the pair) and selling the base currency (the first currency in the pair).

For currency pairs where the U.S. dollar is the quote currency, calculating profit or loss is pretty simple really.

In currency pairs where the U.S. dollar is the quote currency, one standard lot will always equal $ 10 per pip, one mini-lot will equal $ 1 per pip, one micro-lost will equal.10 cents per pip, and a nano - lot is one penny per pip.

If your Account Currency is different from the quote currency of the Currency Pair you intend to trade, you will need to give one more input as prompted by the calculator.

For e.g. USD is the quote currency of EUR / USD.)

If you are trading 1 standard lot you would have lost $ 1,000 because 1 standard lot of pairs with the U.S. dollars as the quote currency = $ 10 per pip, and $ 10 per pip x 100 pips = $ 1,000

(The quote currency is the one after the slash.

Currency pairs represent how much it would cost to buy a quoted currency with respect to a base currency.

On the simple side, a currency exchange rate is the rate at which the basic currency can be exchanged for the quote currency.

In this example of the EUR / USD the EURO is represented as the base currency and the USD as the quote currency, and it represents the number of US dollars that one euro can purchase.

If you think the base currency will depreciate (lose value) relative to the quote currency you would sell the pair.

The basic point of Forex trading is to buy a currency pair if you think its base currency will appreciate (increase in value) relative to the quote currency.

Currency Pairs Learn about currency pairs, cross currencies, base and quote currency and many more consepts vital for any online forex trading user.

What is Quote Currency and Why You Need To Know?

The base currency will also appear before the quote currency when you use technical analysis with charts of different sorts.

The second currency in a currency pair is called the quote currency.

When you buy you purchase the base currency and sell the quote currency.

For example, in GBP / USD, the British Pound is known as the base currency and the USD is called the quote currency.

On the other hand, the ask price is the value at which your broker will sell the base currency in exchange for the quote currency.

The bid price is what the broker is willing to purchase the base currency at in exchange for the quote currency.

On the other hand, if you sell the base currency and buy the quote currency, where you expect the base currency to fall in value which you can buy back at a lower price, you are said to take a «short» position.

Consequently, the value will show us how much of the quote currency is required to get one item of base currency.

The second one calls the quote currency.

The ask (sell price) for the currency pair represents how much you will get in the quote currency for selling one unit of base currency.

Payment is accepted in the quoted currency (Euro) unless the currency and the amount is specifically agreed in advance with the owner.

GDAX operates a «maker - taker» model on deposits and withdrawals, where fees are assessed as a percentage of the quoted currency.

Cobinhood also decided that Tether (USDT) as a quote currency will only be made available for sixteen base currencies (BRD, BDG, BOT, BTC, COB, CMT, CGC, DXT, ENJ, ETH, LALA, LTC, LYM, MCO, Qtum, and UTNP) starting April 20.

With ether as the quote currency, Lumen rose more than 5 %.

Tether was the quote currency on more than 14 % of transactions.

The coin is mainly traded on Bittrex and Upbit with bitcoin as the quote currency.