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Quote Currency

Quote Currency		The second currency quoted in a FOREX currency pair. In a direct quote, the quote currency is the foreign currency itself. In an indirect quote, the quote currency is the domestic currency.
Additional comments: See also base currency and counter currency.

Related Terms
		Foreign Exchange (FOREX, FX) The simultaneous buying of one currency and selling of another. ... FOREX Foreign Exchange (FOREX, FX). The simultaneous buying of one currency and selling of another. ... Long Position A position that appreciates in value if market prices increase. When the base currency in the pair is bought, the position ...

 

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