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: The first currency in the pair, representing one unit.
: The second currency, showing how much of it is needed to buy one unit of the base currency. Going Long vs. Short : {forex}
The Foreign Exchange (Forex) market is the world’s largest and most liquid financial market, with over traded daily. It is a decentralized, global marketplace where one national currency is exchanged for another, operating 24 hours a day, five days a week. Core Concepts for Beginners : The first currency in the pair, representing one unit
: Currencies are always traded in pairs, such as EUR/USD (Euro vs. U.S. Dollar). operating 24 hours a day
